{"id":53658,"date":"2025-04-29T12:19:03","date_gmt":"2025-04-29T06:49:03","guid":{"rendered":"https:\/\/itatonline.org\/digest\/annapurna-boddu-v-acit-2024-229-ttj-587-38-nypttj-401-hydtrib\/"},"modified":"2025-04-29T12:19:03","modified_gmt":"2025-04-29T06:49:03","slug":"annapurna-boddu-v-acit-2024-229-ttj-587-38-nypttj-401-hydtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/annapurna-boddu-v-acit-2024-229-ttj-587-38-nypttj-401-hydtrib\/","title":{"rendered":"Annapurna Boddu v. ACIT (2024) 229 TTJ 587 \/ 38 NYPTTJ 401 (Hyd)(Trib)"},"content":{"rendered":"<p>Held that the son of the assesseee has in his statement recorded u\/s 132 (4) had admitted that the\u00a0 long term capital gain claimed as exempt was bogus\u00a0 claim. \u00a0The assessee also filed an affidavit with drawing the claim u\/s 10(38 ) of the Act.However\u00a0 in response to notice u\/s 148 while filing the return the\u00a0 assessee has not withdrawn the claim \u00a0from the return.\u00a0\u00a0 Penalty order under S 271(1)(c) of the Act is affirmed. \u00a0\u00a0(AY.2014-15<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty-Concealment-Capital gains-Admitted the claim as bogus-Admitted in affidavit-The admitted claim was not shown as income  in response to notice issued under section 148 of the Act-Levy of penalty is affirmed. [S. 10(38), 45, 132(4), 139,148]  <\/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-53658","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dXs","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53658","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=53658"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53658\/revisions"}],"predecessor-version":[{"id":53659,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53658\/revisions\/53659"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=53658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=53658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=53658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}