{"id":42797,"date":"2024-05-16T17:02:12","date_gmt":"2024-05-16T11:32:12","guid":{"rendered":"https:\/\/itatonline.org\/digest\/chetak-enterprises-ltd-v-acit-2023-332-ctr-316-223-dtr-49rajhc\/"},"modified":"2025-04-14T08:11:25","modified_gmt":"2025-04-14T02:41:25","slug":"chetak-enterprises-ltd-v-acit-2023-332-ctr-316-223-dtr-49rajhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/chetak-enterprises-ltd-v-acit-2023-332-ctr-316-223-dtr-49rajhc\/","title":{"rendered":"Chetak Enterprises Ltd. v. ACIT (2023) 332 CTR 316\/ 223 DTR 49\/(2024) 470 ITR 655(Raj)(HC)"},"content":{"rendered":"<p>Dismissing the petition the Court held that\u00a0 On the basis of search of APCO, it was found that assessee is engaged in raising fake invoices in executing circular transactions with APCO and on detailed consideration the AO considered that income chargeable to tax to the tune of Rs. 75 crores has escaped assessment. Order under section 148A(d) is passed after considering the detailed reply.\u00a0 (AY-2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Search and seizure-Circular transactions-Artificially inflation of  turnover-Order is passed after considering the detailed reply-Writ is dismissed.[S. 148, 148A, Art. 226]  <\/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-42797","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-b8h","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42797","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=42797"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42797\/revisions"}],"predecessor-version":[{"id":52811,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42797\/revisions\/52811"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=42797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=42797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=42797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}