{"id":38868,"date":"2024-02-02T13:12:23","date_gmt":"2024-02-02T07:42:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rupal-jain-v-cit-2023-454-itr-813-294-taxman-261-sc-editorial-rupal-jain-v-cit-allhc-ita-no-83-of-2022-dt-17-11-2022\/"},"modified":"2024-02-02T13:12:23","modified_gmt":"2024-02-02T07:42:23","slug":"rupal-jain-v-cit-2023-454-itr-813-294-taxman-261-sc-editorial-rupal-jain-v-cit-allhc-ita-no-83-of-2022-dt-17-11-2022","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rupal-jain-v-cit-2023-454-itr-813-294-taxman-261-sc-editorial-rupal-jain-v-cit-allhc-ita-no-83-of-2022-dt-17-11-2022\/","title":{"rendered":"Rupal Jain v. CIT (2023) 454 ITR 813 \/ 294 Taxman 261 (SC) Editorial : Rupal Jain v. CIT (All)(HC) (ITA No. 83 of 2022 dt. 17-11-2022)"},"content":{"rendered":"<p>High Court dismissed the appeal holding though that the assessee had disclosed the source of the deposit she could not establish the nature thereof and that she had not fulfilled the three conditions under section\u00a068\u00a0of the\u00a0Income-tax Act, 1961, (i) identity of the creditor ; (2) capacity of such creditor to advance money ; and (iii) genuineness of the transactions, to discharge her burden of proof. SLP of assessee\u00a0 dismissed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Failed to prove identity,  creditworthiness and   genuineness of  transaction-SLP of assessee dismissed.[Art. 136] <\/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-38868","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-a6U","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38868","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=38868"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38868\/revisions"}],"predecessor-version":[{"id":38869,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38868\/revisions\/38869"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=38868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=38868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=38868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}