{"id":54398,"date":"2025-05-19T06:49:49","date_gmt":"2025-05-19T01:19:49","guid":{"rendered":"https:\/\/itatonline.org\/digest\/d-c-polyester-limited-v-dcit-2024-bcaj-february-p-42-mum-trib\/"},"modified":"2025-05-19T06:49:49","modified_gmt":"2025-05-19T01:19:49","slug":"d-c-polyester-limited-v-dcit-2024-bcaj-february-p-42-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/d-c-polyester-limited-v-dcit-2024-bcaj-february-p-42-mum-trib\/","title":{"rendered":"D.C.Polyester Limited v .DCIT ( 2024 ) BCAJ- February \u2013 P. 42 ( Mum)( Trib)"},"content":{"rendered":"<p>Held that when the income offered for taxation under the head income from house property and the said income was assessed under the head profits and gains of business , it cannot be said to be the income is suppressed or under -reported any income . Penalty is deleted . \u00a0\u00a0(AY. 2017-18 ) (ITA No. 188\/Mum\/ 2023 dt. 17 -10 -2023 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 270A:Penalty for under -reporting and misreporting of income \u2013 Change of head of income &#8211;  Income from house property \u2013 Business income \u2013 Penalty cannot bee levied for under reporting of income \u2013 [ S. 22, 24(a), 28(i), 270A(6)(a) ]  <\/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-54398","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-e9o","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54398","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=54398"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54398\/revisions"}],"predecessor-version":[{"id":54399,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54398\/revisions\/54399"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}