{"id":39316,"date":"2024-02-21T11:43:35","date_gmt":"2024-02-21T06:13:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-security-printing-and-mining-corporation-of-india-ltd-2023-459-itr-261-295-taxman-732-delhihc\/"},"modified":"2024-02-21T11:43:35","modified_gmt":"2024-02-21T06:13:35","slug":"pcit-v-security-printing-and-mining-corporation-of-india-ltd-2023-459-itr-261-295-taxman-732-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-security-printing-and-mining-corporation-of-india-ltd-2023-459-itr-261-295-taxman-732-delhihc\/","title":{"rendered":"PCIT v. Security Printing and Mining Corporation of India Ltd. (2023) 459 ITR 261\/295 Taxman 732 (Delhi)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that\u00a0 before recording\u00a0 disbelief the\u00a0 Assessing Officer did not examine even a shred of accounts of assessee.\u00a0 Without looking into accounts of assessee, Assessing Officer held that assessee had infused funds by way of equity in joint venture company and also held that it was not believable that no expenditure had been incurred in relation to assets, income wherefrom did not form part of total income. High Court affirmed the order of the Tribbunal.(AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Not recording of satisfaction-Not examined the shared accounts-Order of Tribunal deleting the addition is affirmed.[R.8D, 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-39316","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ae8","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39316","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=39316"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39316\/revisions"}],"predecessor-version":[{"id":39317,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39316\/revisions\/39317"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}