{"id":43916,"date":"2024-06-24T16:46:27","date_gmt":"2024-06-24T11:16:27","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bangalore-beverages-ltd-v-ito-2023-201-itd-380-bang-trib\/"},"modified":"2024-06-24T16:46:27","modified_gmt":"2024-06-24T11:16:27","slug":"bangalore-beverages-ltd-v-ito-2023-201-itd-380-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bangalore-beverages-ltd-v-ito-2023-201-itd-380-bang-trib\/","title":{"rendered":"Bangalore Beverages Ltd. v. ITO (2023) 201 ITD 380 (Bang) (Trib.)"},"content":{"rendered":"<p>The Assessing Officer disallowed the consultancy fees as unexplained expenditure. On appeal before the Tribunal the assessee submitted that expenditure was already reflected in books of account and sources were explained as out of regular bank accounts and thus invoking section 69C was unwarranted. The\u00a0 matter is\u00a0 remanded to the file of the Assessing Officer. (AY. 2013-14, 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69C : Unexplained expenditure-Consultancy fees-Matter remanded to the Assessing Officer. [S. 37(1)]  <\/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-43916","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bqk","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43916","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=43916"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43916\/revisions"}],"predecessor-version":[{"id":43917,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43916\/revisions\/43917"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}