{"id":45233,"date":"2024-08-16T09:38:32","date_gmt":"2024-08-16T04:08:32","guid":{"rendered":"https:\/\/itatonline.org\/digest\/asst-cit-v-evermore-stock-brokers-p-ltd-2023108-itr-13-delhi-trib\/"},"modified":"2024-08-16T09:38:32","modified_gmt":"2024-08-16T04:08:32","slug":"asst-cit-v-evermore-stock-brokers-p-ltd-2023108-itr-13-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/asst-cit-v-evermore-stock-brokers-p-ltd-2023108-itr-13-delhi-trib\/","title":{"rendered":"Asst. CIT v. Evermore Stock Brokers P. Ltd. (2023)108 ITR 13 (Delhi) (Trib)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p>Held\u00a0 that that the transactions were commercial, transparent, and identifiable in tax records. The addition made by the Assessing Officer was flawed due to his failure to consider the rotation of money and the low peak credit. Order of CIT(A) is affirmed.(AY.2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Unsecured loans \u2014Commercial transactions-Genuineness  is proved-Addition is deleted.   <\/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-45233","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bLz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45233","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=45233"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45233\/revisions"}],"predecessor-version":[{"id":45234,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45233\/revisions\/45234"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}