{"id":63646,"date":"2026-08-03T23:19:12","date_gmt":"2026-08-03T17:49:12","guid":{"rendered":"https:\/\/itatonline.org\/digest\/renu-singla-smt-v-pr-cit-2025-122-itr-631-175-taxmann-com-304-chd-trib\/"},"modified":"2026-08-03T23:19:12","modified_gmt":"2026-08-03T17:49:12","slug":"renu-singla-smt-v-pr-cit-2025-122-itr-631-175-taxmann-com-304-chd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/renu-singla-smt-v-pr-cit-2025-122-itr-631-175-taxmann-com-304-chd-trib\/","title":{"rendered":"Renu Singla (Smt.) v. Pr. CIT (2025) 122 ITR 631 \/ 175 taxmann.com 304 (Chd.)(Trib.)"},"content":{"rendered":"<p>Pursuant to a survey under section 133A, excess cash and unaccounted advances were found at the assessee&#8217;s clinic. The assessee, a medical practitioner, surrendered the amount as professional income, credited it to the profit and loss account and paid tax thereon. The Assessing Officer examined the survey statement, surrender letter and books of account and accepted the income under the head &#8220;Business or Profession&#8221;. The Principal Commissioner invoked section 263 on the ground that the surrendered amount ought to have been taxed under section 115BBE. The Tribunal held that the Assessing Officer had taken a conscious and plausible view after due enquiry and the Principal Commissioner had not recorded any finding establishing the applicability of the deeming provisions. Following the co-ordinate Bench decision on identical facts, the revision order was quashed. <strong>(<\/strong>AY. 2017-18).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263: Commissioner-Revision of orders prejudicial to revenue-Survey-Surrender of excess cash and unaccounted advances as professional income-Assessing Officer after due enquiry accepting claim-Revision held invalid. [S.69A 115BBE,  133A]<\/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_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-63646","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gyy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63646","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=63646"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63646\/revisions"}],"predecessor-version":[{"id":63647,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63646\/revisions\/63647"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=63646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=63646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=63646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}