{"id":45497,"date":"2024-08-18T09:42:25","date_gmt":"2024-08-18T04:12:25","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ito-v-vibgyor-texotech-p-ltd-2023-221-ttj-708-mumtrib\/"},"modified":"2024-08-18T09:42:25","modified_gmt":"2024-08-18T04:12:25","slug":"ito-v-vibgyor-texotech-p-ltd-2023-221-ttj-708-mumtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ito-v-vibgyor-texotech-p-ltd-2023-221-ttj-708-mumtrib\/","title":{"rendered":"ITO v. Vibgyor Texotech (P) Ltd (2023) 221 TTJ 708 (Mum)(Trib)"},"content":{"rendered":"<p>Held that estimation of profit and rejection of books of account is justified. Estimate of @ 5 percent of the turnover is affirmed. Jurisdiction issue is not challenged in the course of assessment proceedings hence not entertained hence not entertained. Reassessment is affirmed. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 145 : Method of accounting-Rejection of books of account-Estimation of profit-Rejection of books of account is justified-Estimate of @ 5 percent of the turnover is affirmed-Jurisdiction issue is not challenged in the course of assessment proceedings hence not entertained-Reassessment is affirmed. [S. 124(3),145(3), 147, 148] <\/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-45497","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bPP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45497","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=45497"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45497\/revisions"}],"predecessor-version":[{"id":45498,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45497\/revisions\/45498"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}