{"id":4395,"date":"2019-03-12T13:07:59","date_gmt":"2019-03-12T13:07:59","guid":{"rendered":"http:\/\/itatonline.org\/digest\/hindustan-aqua-ltd-v-acit-2018-195-ttj-76-delhi-trib-moon-beverages-ltd-v-acit-2018-195-ttj-76-delhi-trib\/"},"modified":"2019-03-12T13:07:59","modified_gmt":"2019-03-12T13:07:59","slug":"hindustan-aqua-ltd-v-acit-2018-195-ttj-76-delhi-trib-moon-beverages-ltd-v-acit-2018-195-ttj-76-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hindustan-aqua-ltd-v-acit-2018-195-ttj-76-delhi-trib-moon-beverages-ltd-v-acit-2018-195-ttj-76-delhi-trib\/","title":{"rendered":"Hindustan Aqua Ltd. v. ACIT (2018) 195 TTJ 76 (Delhi) (Trib) Moon Beverages Ltd v. ACIT ( 2018) 195 TTJ 76 ( Delhi ) (Trib)"},"content":{"rendered":"<p>Allowing the appeal of the assesse the Tribunal held that the addition u\/s 68 of share capital and share premium as unexplained cash credit, during search and seizure proceedings u\/s 132, was not based on incriminating material. The statements recorded u\/s 132(4) could not constitute as incriminating material. Hence, in the absence of any such incriminating material additions made by the ld. CIT(A) in the 153A proceedings, would be void ab-initio. Followed <em>PCIT v. Lata Jain (2016) 384 ITR 543 ( Delhi) (HC). ( AY.2013-14)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153A : Assessment \u2013 Search- Share Capital and Share premium \u2013 Statement recorded- No incriminating material was found in the course of search  \u2013 Order is bad in law . [S. 68,132,132(4) ]<\/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":[1],"tags":[],"class_list":["post-4395","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-18T","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4395","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=4395"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4395\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}