{"id":60293,"date":"2026-06-05T09:24:25","date_gmt":"2026-06-05T03:54:25","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-jamna-auto-industries-ltd-2023-156-taxmann-com-239-2025-483-itr-424-p-h-hc\/"},"modified":"2026-06-05T09:24:25","modified_gmt":"2026-06-05T03:54:25","slug":"pcit-v-jamna-auto-industries-ltd-2023-156-taxmann-com-239-2025-483-itr-424-p-h-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-jamna-auto-industries-ltd-2023-156-taxmann-com-239-2025-483-itr-424-p-h-hc\/","title":{"rendered":"PCIT v. Jamna Auto Industries Ltd [2023] 156 taxmann.com 239 (2025) 483 ITR 424 (P &#038; H) (HC)"},"content":{"rendered":"<p>Dismissing the appeals, the Court held that the Assessing Officer had consistently accepted the books of account and the sale of semi-finished goods made by the assessee to its sister concern for the assessment years 2010-2011 to 2014-2015 in his orders under section 143(3) of the Income-tax Act, 1961, and no additions had been made towards the sale of semi-finished goods. Order of Tribunal affirmed. \u00a0(AY.2019-20)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 144:  Best judgment assessment-Estimation of unaccounted sales of finished goods manufactured out of excess scrap-Neither books of account rejected nor any evidence to support suspicion of unaccounted manufacturing and sale of finished goods-Order of Tribunal deleting additions 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_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":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-60293","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fGt","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60293","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=60293"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60293\/revisions"}],"predecessor-version":[{"id":60294,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60293\/revisions\/60294"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=60293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=60293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=60293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}