{"id":58123,"date":"2026-01-10T09:57:29","date_gmt":"2026-01-10T04:27:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-bhupendra-champaklal-delal-2024-160-taxmann-com-560-bom-hc-3\/"},"modified":"2026-01-10T09:57:29","modified_gmt":"2026-01-10T04:27:29","slug":"pcit-v-bhupendra-champaklal-delal-2024-160-taxmann-com-560-bom-hc-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-bhupendra-champaklal-delal-2024-160-taxmann-com-560-bom-hc-3\/","title":{"rendered":"PCIT, v. Bhupendra Champaklal Delal [2024] 160 taxmann.com 560 (Bom.)(HC)"},"content":{"rendered":"<p>Held that a loan transaction recorded\u00a0 could not be held as bogus merely because no interest was charged, especially when all transactions were routed through bank accounts. (AY. 1988-89)<em><br \/><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits \u2013Received through banking channel-Repaid in subsequent year-Failure to charge interest-Order of Tribunal deleting the addition is affirmed.[S. 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-58123","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-f7t","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/58123","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=58123"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/58123\/revisions"}],"predecessor-version":[{"id":58124,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/58123\/revisions\/58124"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=58123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=58123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=58123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}