{"id":43342,"date":"2024-06-08T11:10:46","date_gmt":"2024-06-08T05:40:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-bajaj-herbals-p-ltd-2023-335-ctr-530-148-taxmann-com-147-guj-hc\/"},"modified":"2024-06-08T11:10:46","modified_gmt":"2024-06-08T05:40:46","slug":"pcit-v-bajaj-herbals-p-ltd-2023-335-ctr-530-148-taxmann-com-147-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-bajaj-herbals-p-ltd-2023-335-ctr-530-148-taxmann-com-147-guj-hc\/","title":{"rendered":"PCIT v. Bajaj Herbals (P.) Ltd. (2023) 335 CTR 530 \/ 148 taxmann.com 147 (Guj)( HC)"},"content":{"rendered":"<p>Dismissing\u00a0 the appeal of the Revenue the Court held that Assessing Officer made addition on account of alleged under invoicing of sales made to sister concern, however, fact that assessee&#8217;s books of account had been duly audited and at no stage, Tax Auditor had questioned its books of account and Assessing Officer having adopted a method which was alien to statute, Appellate authorities had rightly held this to be method and act non-acceptable. (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i) : Business loss-Under invoicing of sales to sister concern-Books of account not rejected-Order of Tribunal is affirmed.[S. 4, 69, 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-43342","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bh4","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43342","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=43342"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43342\/revisions"}],"predecessor-version":[{"id":43343,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43342\/revisions\/43343"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}