{"id":55341,"date":"2025-07-15T10:51:26","date_gmt":"2025-07-15T05:21:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kailash-ramavatar-goenka-v-acit-2025-211-itd-317-ahd-trib\/"},"modified":"2025-07-15T10:51:26","modified_gmt":"2025-07-15T05:21:26","slug":"kailash-ramavatar-goenka-v-acit-2025-211-itd-317-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kailash-ramavatar-goenka-v-acit-2025-211-itd-317-ahd-trib\/","title":{"rendered":"Kailash Ramavatar Goenka. v. ACIT (2025) 211 ITD 317 (Ahd) (Trib.)"},"content":{"rendered":"<p>Held that when the\u00a0 unaccounted receipts from sale of properties were subjected to taxation as part of capital gains computation, related unaccounted expenditures stood explained and could not be taxed separately as unexplained expenses under section 69C. Tribunal also held that\u00a0 cash payments related to personal expenses, were sourced from unaccounted receipts, addition is deleted.\u00a0 (AY. 2016-17 to 2019-20)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 48 : Capital gains-Mode of  Computation-Cost of acquisition-Unaccounted receipts taxed as part of capital gains, related unaccounted expenditure cannot be taxed separately-Cash payments related to personal expenses, were sourced from unaccounted receipts-Personal expenditure is deleted. [S.45  69C] <\/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-55341","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eoB","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55341","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=55341"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55341\/revisions"}],"predecessor-version":[{"id":55342,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55341\/revisions\/55342"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=55341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=55341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=55341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}