{"id":544,"date":"2018-04-30T09:43:47","date_gmt":"2018-04-30T09:43:47","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-vasantha-anirudhan-smt-2018-401-itr-279-ker-hc-2\/"},"modified":"2018-06-10T16:14:50","modified_gmt":"2018-06-10T16:14:50","slug":"cit-v-vasantha-anirudhan-smt-2018-401-itr-279-ker-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-vasantha-anirudhan-smt-2018-401-itr-279-ker-hc-2\/","title":{"rendered":"CIT  v. Vasantha Anirudhan.( Smt.)   (2018) 401  ITR 279 \/163 DTR 279\/ 302 CTR 257  (Ker) (HC)"},"content":{"rendered":"<p>Allowing the appeal of the revenue the Court held that , Notice need not specifically mention Explanation. As regards addition as unexplained investment as the assesse has not produced any material to substantiate the claim , levy of penalty was held to be justified .Court also observed that present respondent being a legal heir of the assesse , recovery would be made only to the extent of the estate of the assesse capable of meeting the liability as provided in S. 159(6) of the Act. (AY. 1990-91)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)( c ): Penalty \u2014 concealment-Notice need not specifically mention Explanation- Addition as unexplained investment- Levy of penalty was held to be justified  [ S.159(6)  ]<\/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-544","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8M","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/544","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=544"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/544\/revisions"}],"predecessor-version":[{"id":1285,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/544\/revisions\/1285"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}