{"id":49400,"date":"2024-12-28T15:06:35","date_gmt":"2024-12-28T09:36:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-ajit-ramakant-phatarpekar-2021-277-taxman-543-2020-429-itr-319-bom-hc\/"},"modified":"2024-12-28T15:06:35","modified_gmt":"2024-12-28T09:36:35","slug":"pcit-v-ajit-ramakant-phatarpekar-2021-277-taxman-543-2020-429-itr-319-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-ajit-ramakant-phatarpekar-2021-277-taxman-543-2020-429-itr-319-bom-hc\/","title":{"rendered":"PCIT v. Ajit Ramakant Phatarpekar [2021] 277 Taxman 543 \/[2020] 429 ITR 319 (Bom) (HC)"},"content":{"rendered":"<p>Assessee-company paid stacking and handling expenses and blending and screening charges to its sister concern . \u00a0Revenue contended that there was no evidence that sister concern was involved in such kind of activities and such expenses should be added back to income of assessee . Tribunal deleted disallowance . Order of Tribunal deleting the disallowance is affirmed \u00a0( AY. 2010 -11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(2): Expenses or payments not deductible \u2013 Excessive  or unreasonable -Stacking and handling expenses &#8211; Blending and screening charges to its sister concern \u2013 Order of Tribunal deleting the disallowance is affirmed .[ S. 260A ] <\/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-49400","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cQM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49400","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=49400"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49400\/revisions"}],"predecessor-version":[{"id":49401,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49400\/revisions\/49401"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}