{"id":4955,"date":"2019-04-18T12:43:24","date_gmt":"2019-04-18T12:43:24","guid":{"rendered":"http:\/\/itatonline.org\/digest\/shreenath-heritage-liquor-p-ltd-v-acit-2018-162-dtr-265-191-ttj-706-jaipur-trib\/"},"modified":"2019-04-18T12:43:24","modified_gmt":"2019-04-18T12:43:24","slug":"shreenath-heritage-liquor-p-ltd-v-acit-2018-162-dtr-265-191-ttj-706-jaipur-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shreenath-heritage-liquor-p-ltd-v-acit-2018-162-dtr-265-191-ttj-706-jaipur-trib\/","title":{"rendered":"Shreenath Heritage Liquor (P) Ltd. v. ACIT (2018) 162 DTR 265 \/191 TTJ 706 (Jaipur) (Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the assessee the Tribunal held that burden of proof was clearly on higher pedestal as compared to public limited companies which it had failed to discharge in instant case in terms of creditworthiness and genuineness of transaction and till such time, initial burden was not satisfied, burden could not be said to have been shifted on Revenue to conduct further enquiries. Addition is held to be justified. \u00a0(AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Share Application amount-Pvt company\u2013Burden is not discharged\u2013Additions held to be justified.<\/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":[1],"tags":[],"class_list":["post-4955","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1hV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4955","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=4955"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4955\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}