{"id":3843,"date":"2019-02-01T13:17:13","date_gmt":"2019-02-01T13:17:13","guid":{"rendered":"http:\/\/itatonline.org\/digest\/p-a-jose-v-uoi-2019-410-itr-55-kerhc\/"},"modified":"2019-05-07T02:00:31","modified_gmt":"2019-05-07T02:00:31","slug":"p-a-jose-v-uoi-2019-410-itr-55-kerhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/p-a-jose-v-uoi-2019-410-itr-55-kerhc\/","title":{"rendered":"P. A. Jose v.UOI  (2019)  410 ITR 55\/ 306 CTR 568\/ 174 DTR 152 (Ker)(HC)"},"content":{"rendered":"<p>Amendment in 1992, the Act to levy wealth tax on non-productive assets is\u00a0 constitutionally valid. When as assessee has not maintained books of account cash in excess of Rs 50000 is held to be\u00a0 includible as asset.Court \u00a0also held that Tribunal was right in holding that jurisdiction assumed by the Commissioner under S.25 of the Wealth-tax Act is not accordance in law, when the Assessing Officer\u00a0 has decided the issue on the basis of jurisdictional Tribunal .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 2(ea) : Asset- Cash in hand-Excess of Rs 50000- Not maintained books of account\u2013Includible as asset- Non -productive assets- Amendment is constitutionally valid \u2013 Revision is held to be not valid when the Assessing Officer has followed the ratio of jurisdictional Tribunal. [S.25, Art 14]<\/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-3843","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ZZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3843","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=3843"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3843\/revisions"}],"predecessor-version":[{"id":5373,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3843\/revisions\/5373"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}