{"id":47068,"date":"2024-10-17T12:00:16","date_gmt":"2024-10-17T06:30:16","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-central-v-dwarka-prasad-aggarwal-2024-299-taxman-363-sc-editorial-pcit-v-dwarka-prasad-aggarwal-2022-140-taxmann-com-32-delhihc\/"},"modified":"2025-04-19T16:41:53","modified_gmt":"2025-04-19T11:11:53","slug":"pcit-central-v-dwarka-prasad-aggarwal-2024-299-taxman-363-sc-editorial-pcit-v-dwarka-prasad-aggarwal-2022-140-taxmann-com-32-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-central-v-dwarka-prasad-aggarwal-2024-299-taxman-363-sc-editorial-pcit-v-dwarka-prasad-aggarwal-2022-140-taxmann-com-32-delhihc\/","title":{"rendered":"PCIT (Central) v. Dwarka Prasad Aggarwal (2024) 299 Taxman 363\/471 ITR  435  (SC) Editorial : PCIT v. Dwarka Prasad Aggarwal (2022) 140 taxmann.com 32 \/ (2024) 471 ITR 432(Delhi)(HC)"},"content":{"rendered":"<p>Affirming the order of the Tribunal\u00a0 High court by\u00a0 held that trade advances which were in nature of commercial transactions would not fall within ambit of word &#8216;advance&#8217; in section 2(22)(e)\u00a0 of the Act. SLP filed by revenue\u00a0 is dismissed<strong>. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 2(22)(e) : Deemed dividend-Trade advances-Commercial transactions-Cannot be assessed as deemed dividend-Order of High Court is affirmed-SLP of Revenue is dismissed. [Art. 136] <\/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-47068","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cfa","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47068","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=47068"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47068\/revisions"}],"predecessor-version":[{"id":53006,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47068\/revisions\/53006"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=47068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=47068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=47068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}