{"id":47114,"date":"2024-10-17T12:16:48","date_gmt":"2024-10-17T06:46:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-central-v-dwarka-prasad-aggarwal-2024-299-taxman-363-sc-editorial-pcit-v-dwarka-prasad-aggarwal2022-140-taxmann-com-32-delhihc\/"},"modified":"2025-04-19T16:17:31","modified_gmt":"2025-04-19T10:47:31","slug":"pcit-central-v-dwarka-prasad-aggarwal-2024-299-taxman-363-sc-editorial-pcit-v-dwarka-prasad-aggarwal2022-140-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-aggarwal2022-140-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\u00a0 the order of the Tribunal\u00a0 High Court\u00a0 held that where Assessing Officer solely based on statements of Directors recorded during a search operation conducted under section 132 on assessee, made addition under section 68 without probing deeper into income-tax returns of creditor companies and without scrutinizing documents furnished by assessee to prove genuineness of such credits, addition was not justified. SLP of Revenue is dismissed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Statement of Directors-High Court affirmed the order of the Tribunal deleting the addition-SLP of Revenue is dismissed.[S. 132, 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-47114","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cfU","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47114","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=47114"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47114\/revisions"}],"predecessor-version":[{"id":53004,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47114\/revisions\/53004"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=47114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=47114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=47114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}