{"id":53116,"date":"2025-04-21T15:13:00","date_gmt":"2025-04-21T09:43:00","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bishwajit-pandey-v-acit-2024471-itr-509-pat-hc\/"},"modified":"2025-04-21T15:13:00","modified_gmt":"2025-04-21T09:43:00","slug":"bishwajit-pandey-v-acit-2024471-itr-509-pat-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bishwajit-pandey-v-acit-2024471-itr-509-pat-hc\/","title":{"rendered":"Bishwajit Pandey v. ACIT (2024)471 ITR 509 (Pat) (HC)"},"content":{"rendered":"<p>Held\u00a0 that in respect of the addition on account of disallowance of claim of capital gains under section 54B and section 54F for which penalty was imposed, in the assessment order it was found that capital gains were dis-closed in the original return filed but no deductions were claimed under S.\u00a0 54B and 54F,penaty is deleted. However as\u00a0 regards gift received from his brother\u00a0 as the assessee failed to prove the receipt, levy of penalty is affirmed.\u00a0\u00a0 (AY. 1996-97 to 2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty-Concealment-Capital gains-Deduction is rejected-Levy of penalty is justified-Undisclosed income-Gift received from non-Resident-Penalty is justified. [S.54B, 54F, 69, 158BC]  <\/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-53116","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dOI","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53116","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=53116"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53116\/revisions"}],"predecessor-version":[{"id":53117,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53116\/revisions\/53117"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=53116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=53116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=53116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}