{"id":57035,"date":"2025-10-10T11:45:44","date_gmt":"2025-10-10T06:15:44","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-jaya-publications-2025-476-itr-545-174-taxmann-com-104-madhc\/"},"modified":"2025-10-10T11:45:44","modified_gmt":"2025-10-10T06:15:44","slug":"cit-v-jaya-publications-2025-476-itr-545-174-taxmann-com-104-madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-jaya-publications-2025-476-itr-545-174-taxmann-com-104-madhc\/","title":{"rendered":"CIT v. Jaya Publications (2025) 476 ITR 545 \/174 taxmann.com 104 (Mad)(HC)"},"content":{"rendered":"<p>Held that the Commissioner (Appeals) applying consistent standard from earlier years and restricting addition to 1.5 per cent. Tribunal remanding matter only for reverification of depositors who denied contributions.\u00a0 Department not acting for 18 years. Court held that the \u00a0remand impractical after thirty years Addition in accordance with Commissioner (Appeals)&#8217; order. As regards bogus suppliers\u00a0 Ad hoc disallowance of 15 per cent. reduced to 5 per cent. by Tribunal. Assessee accepting 5 per cent. No justification for interference. Appeal of revenue was dismissed. (AY. 1995-96)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69C : Unexplained expenditure-Bogus purchases-Purchase of newsprint-Ad hoc disallowance of 15 per cent. reduced to 5 per cent. by Tribunal-Assessee accepting 5 per cent. Order of Tribunal affirmed. [S.37(1),   56, 131, 153(3), 246A, 260A] <\/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-57035","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ePV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57035","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=57035"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57035\/revisions"}],"predecessor-version":[{"id":57036,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57035\/revisions\/57036"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=57035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=57035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=57035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}