{"id":41062,"date":"2024-04-01T16:10:21","date_gmt":"2024-04-01T10:40:21","guid":{"rendered":"https:\/\/itatonline.org\/digest\/matrimony-com-ltd-v-asst-cit-2023101-itr-253-chennai-trib\/"},"modified":"2024-04-01T16:10:21","modified_gmt":"2024-04-01T10:40:21","slug":"matrimony-com-ltd-v-asst-cit-2023101-itr-253-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/matrimony-com-ltd-v-asst-cit-2023101-itr-253-chennai-trib\/","title":{"rendered":"Matrimony.Com Ltd. v.Asst. CIT (2023)101 ITR 253 (Chennai) (Trib)"},"content":{"rendered":"<p>Held, that the advance received by the assessee pertained to services to be rendered in the immediately succeeding Assessment year. The assessee had rightly recognised its revenue in the following year ; therefore, the addition made by the Assessing Officer was erroneous ; he was directed to delete the addition made on account of advance receipts. (AY. 2012-13 to 2015-16).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i) : Business income-Accrual of income-Advance received for services to be rendered in subsequent years-AO taxed in current year-CIT(A) allowing 10% to be treated in subsequent year-Addition to be deleted.[S. 5, 145]<\/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-41062","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aGi","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41062","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=41062"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41062\/revisions"}],"predecessor-version":[{"id":41063,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41062\/revisions\/41063"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}