{"id":37836,"date":"2023-10-16T12:02:16","date_gmt":"2023-10-16T06:32:16","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-bharat-infra-tech-p-ltd-2022-291-taxman-185-karnhc\/"},"modified":"2023-10-16T12:02:16","modified_gmt":"2023-10-16T06:32:16","slug":"pcit-v-bharat-infra-tech-p-ltd-2022-291-taxman-185-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-bharat-infra-tech-p-ltd-2022-291-taxman-185-karnhc\/","title":{"rendered":"PCIT v. Bharat Infra Tech (P.) Ltd. [2022] 291 Taxman 185 (Karn)(HC)"},"content":{"rendered":"<p>During the assessment proceedings, the AO made the tax addition of more than 1 crore. However, the tax liability was reduced below 1 crore during the appeal proceedings. Where tax liability was less than Rs. 1 crore, the appeal of Revenue would not be maintainable as per CBDT Circular 17\/2019. (AY. 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 268A : Appeal-Instructions-Circulars-Monetary limits-Tax liability below 1 crore-Department appeal  was dismissed.[S. 260A] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-37836","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9Qg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=37836"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37836\/revisions"}],"predecessor-version":[{"id":37837,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37836\/revisions\/37837"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=37836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=37836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=37836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}