{"id":39675,"date":"2024-02-28T14:10:53","date_gmt":"2024-02-28T08:40:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/arrone-ceramic-v-jcit-2023-203-itd-123-rajkot-trib\/"},"modified":"2024-02-28T14:10:53","modified_gmt":"2024-02-28T08:40:53","slug":"arrone-ceramic-v-jcit-2023-203-itd-123-rajkot-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/arrone-ceramic-v-jcit-2023-203-itd-123-rajkot-trib\/","title":{"rendered":"Arrone Ceramic v. JCIT (2023) 203 ITD 123 (Rajkot) (Trib)"},"content":{"rendered":"<p>AO imposed penalty\u00a0 for non deduction of TDS in respect of purchase of two properties . The Assessee furnished\u00a0 documents in support of fact that recipients\/payees had duly reflected sale consideration in their respective returns of income and also paid taxes thereon.\u00a0 Tribunal deleted the penalty\u00a0 as \u00a0there was \u00a0a bona fide mistake on part of assessee in not deducting taxes at source at time of purchase of property.(AY. 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.271C: Penalty- Failure to deduct at source-  Purchased two immovable properties-Bonafide mistake &#8211; Furnished documents in support  that the recipients \/payee had shown the sale consideration in their respective returns of income and paid taxes- Penalty levied is deleted .[ S. [S.194IA , 201]<\/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-39675","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ajV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39675","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=39675"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39675\/revisions"}],"predecessor-version":[{"id":39676,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39675\/revisions\/39676"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}