{"id":3884,"date":"2019-02-08T10:27:19","date_gmt":"2019-02-08T10:27:19","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-s-chand-pcit-v-s-chand-co-ltd-2019-260-taxman-107-sc\/"},"modified":"2019-02-08T10:27:19","modified_gmt":"2019-02-08T10:27:19","slug":"pcit-v-s-chand-pcit-v-s-chand-co-ltd-2019-260-taxman-107-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-s-chand-pcit-v-s-chand-co-ltd-2019-260-taxman-107-sc\/","title":{"rendered":"PCIT  v. S. Chand &#038; Co. Ltd( 2018) 100 Taxman.com 352 \/  (2019)  260 Taxman 108 ( Delhi) (HC) Editorial: SLP of revenue is dismissed; PCIT  v. S. Chand &#038; Co. Ltd.  (2019)  260 Taxman 107 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that; reassessment proceedings on ground that said proceedings were based on mere audit objection that there was undervaluation of closing stock. (AY. 2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment- Audit objection-Undervaluation of stock-Reassessment  is held to be not valid. [S.145, 148]<\/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-3884","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-10E","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3884","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=3884"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3884\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}