{"id":3839,"date":"2019-02-01T13:15:46","date_gmt":"2019-02-01T13:15:46","guid":{"rendered":"http:\/\/itatonline.org\/digest\/kohinoor-enterprises-v-acit-2019-410-itr-153-jk-hc-2\/"},"modified":"2019-03-31T06:42:46","modified_gmt":"2019-03-31T06:42:46","slug":"kohinoor-enterprises-v-acit-2019-410-itr-153-jk-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kohinoor-enterprises-v-acit-2019-410-itr-153-jk-hc-2\/","title":{"rendered":"Kohinoor Enterprises v. ACIT  (2019) 410 ITR 153\/ 175 DTR 43 \/ 307 CTR 154  (J&#038;K)  (HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that; the addition of Rs. 18,30,000 made by the Assessing Officer on account of unexplained expenditure was made in the assessment year 2006-07. Simply by saying that this was a bogus liability for the assessment year 2006-07 which was cleared in the assessment year 2007-08, and that it must have been repaid out of unrecorded sources was only a presumption without any evidence brought on record to that effect. The addition was not justified. (AY.2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69C : Unexplained expenditure \u2013 Addition  was made in prior year \u2013 Addition cannot be made relevant year.<\/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":[1],"tags":[],"class_list":["post-3839","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ZV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3839","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=3839"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3839\/revisions"}],"predecessor-version":[{"id":4606,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3839\/revisions\/4606"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}