{"id":6420,"date":"2019-08-10T10:26:52","date_gmt":"2019-08-10T10:26:52","guid":{"rendered":"http:\/\/itatonline.org\/digest\/raj-sheela-growth-fund-p-ltd-v-ito-2019-177-itd-39-delhitrib\/"},"modified":"2019-08-10T10:26:52","modified_gmt":"2019-08-10T10:26:52","slug":"raj-sheela-growth-fund-p-ltd-v-ito-2019-177-itd-39-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/raj-sheela-growth-fund-p-ltd-v-ito-2019-177-itd-39-delhitrib\/","title":{"rendered":"Raj Sheela Growth Fund (P.) Ltd.  v. ITO (2019)  177 ITD 39 (Delhi)(Trib.)"},"content":{"rendered":"<p>AO made \u00a0addition to assessee&#8217;s income on account of valuation of unquoted equity shares of various companies purchased by assessee after invoking provisions of section 56(2)(viia) of the Act. \u00a0Tribunal held that there was a huge difference in valuation done by AO and working given by assessee, which prima facie appeared to be based on method laid down in Rule 11UA. Accordingly\u00a0 the stay is granted .\u00a0 (AY.2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 254(1) : Appellate Tribunal-Powers-Stay-Valuation of unquoted equity shares\u2013Huge difference-Prima facie-Based on method laid down in Rule 11UA-Stay is granted.[S. 56, R.11UA]<\/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":[1],"tags":[],"class_list":["post-6420","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1Fy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6420","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=6420"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6420\/revisions"}],"predecessor-version":[{"id":6421,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6420\/revisions\/6421"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}