{"id":39741,"date":"2024-03-01T16:59:13","date_gmt":"2024-03-01T11:29:13","guid":{"rendered":"https:\/\/itatonline.org\/digest\/aswani-enterprises-v-acit-2023-456-itr-33-294-taxman-435-sc-editorial-arising-out-of-order-aswani-enterprises-v-acit-2018-100-taxmann-com-178-2019-417-itr-223madhc\/"},"modified":"2024-03-01T16:59:13","modified_gmt":"2024-03-01T11:29:13","slug":"aswani-enterprises-v-acit-2023-456-itr-33-294-taxman-435-sc-editorial-arising-out-of-order-aswani-enterprises-v-acit-2018-100-taxmann-com-178-2019-417-itr-223madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/aswani-enterprises-v-acit-2023-456-itr-33-294-taxman-435-sc-editorial-arising-out-of-order-aswani-enterprises-v-acit-2018-100-taxmann-com-178-2019-417-itr-223madhc\/","title":{"rendered":"Aswani Enterprises v. ACIT (2023) 456 ITR 33 \/294 Taxman 435 (SC) Editorial : Arising out of order, Aswani Enterprises v. ACIT (2018) 100 taxmann.com 178\/ (2019) 417 ITR 223(Mad)(HC)"},"content":{"rendered":"<p>High Court held that there was nothing to indicate in the accounts statements that the amounts advanced by P to the assessee were during the course of its business and that the Tribunal was correct in rejecting the assessee&#8217;s contention that deemed dividend under section\u00a02(22)(e)\u00a0of the\u00a0Income-tax Act, 1961, for the assessment year 1998-99, had to be computed only after deducting the advances given in the earlier assessment years, on a petition for special leave to appeal to the Supreme Court dismissed. (AY.1998-99, 1999-2000)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-After the expiry of four years-Deemed dividend-Advances made earlier year-Oder of High Court affirmed-SLP is dismissed. [S. 2(22)(e), 148, 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-39741","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-akZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39741","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=39741"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39741\/revisions"}],"predecessor-version":[{"id":39742,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39741\/revisions\/39742"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}