{"id":5449,"date":"2019-05-17T09:58:51","date_gmt":"2019-05-17T09:58:51","guid":{"rendered":"http:\/\/itatonline.org\/digest\/adarsh-credit-co-operative-society-ltd-v-jt-dit-2018-97-taxmann-com-353-guj-hc-editorial-slp-of-revenue-is-dismissed-adarsh-credit-co-operative-society-ltd-v-jt-dit-2019-261-taxman-3\/"},"modified":"2019-08-25T13:09:19","modified_gmt":"2019-08-25T13:09:19","slug":"adarsh-credit-co-operative-society-ltd-v-jt-dit-2018-97-taxmann-com-353-guj-hc-editorial-slp-of-revenue-is-dismissed-adarsh-credit-co-operative-society-ltd-v-jt-dit-2019-261-taxman-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/adarsh-credit-co-operative-society-ltd-v-jt-dit-2018-97-taxmann-com-353-guj-hc-editorial-slp-of-revenue-is-dismissed-adarsh-credit-co-operative-society-ltd-v-jt-dit-2019-261-taxman-3\/","title":{"rendered":"Adarsh Credit Co-operative Society Ltd. v. Jt. DIT (2018) 97 taxmann.com 353\/309 CTR 169\/ ( 2019) 414 ITR 434 \/ 179 DTR 200 (Guj.)(HC)   Editorial: SLP of revenue is dismissed, Adarsh Credit Co-operative Society Ltd. v. Jt. DIT (2019) 261 Taxman 345 \/309 CTR 168\/ 413 ITR 322 (St)\/179 DTR 199(SC)"},"content":{"rendered":"<p>On specific information that assessee-society was engaged in siphoning off funds by way of advancing loans to shell companies without any equivalent collateral securities, a warrant of authorisation was issued under S.132\u00a0 of the Act and\u00a0 order was passed under section 133A(3)(ia) whereby documents and books of account belonging to assessee were seized . On writ against search and seizure dismissing the petition the Court held that since warrant of authorisation was based on definite information and discreet verification, it was to be regarded as adequate and order passed under section 133A(3)(ia) was also in consonance with provisions of Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 132 :  Search and seizure \u2013Warrant of authorization- Siphoning off funds by way of advancing loans to shell companies without any equivalent collateral securities-Warrant of authorisation was held to be valid. [S. 133A(3)]<\/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-5449","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1pT","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5449","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=5449"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5449\/revisions"}],"predecessor-version":[{"id":6743,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5449\/revisions\/6743"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}