{"id":6502,"date":"2019-08-19T09:41:54","date_gmt":"2019-08-19T09:41:54","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-dilip-kumar-swami-2019-264-taxman-33-raj-hc\/"},"modified":"2019-08-19T09:41:54","modified_gmt":"2019-08-19T09:41:54","slug":"pcit-v-dilip-kumar-swami-2019-264-taxman-33-raj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-dilip-kumar-swami-2019-264-taxman-33-raj-hc\/","title":{"rendered":"PCIT v. Dilip Kumar Swami  (2019)  264 Taxman 33 (Raj.)(HC)"},"content":{"rendered":"<p>In course of assessment, AO\u00a0\u00a0 made enquiries about source of deposit which was explained. CIT\u00a0 held that cash deposits not being satisfactorily explained, passed a revisional order setting aside assessment. Tribunal set aside the revisional order. High Court affirmed the order of Tribunal and held that AO had\u00a0 recorded a categorical finding that entries in bank account were verifiable from cash book and also bills produced by assessee. Revision is held to be not valid.\u00a0\u00a0 (AY.2009 10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue\u2013 Cash credits- Sale of goods-Produced statement of bank account, copies of bills issued to purchasers as also books of account showing entries of deposits made in bank-Revision is held to be not valid. [S. 68]<\/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-6502","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1GS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6502","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=6502"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6502\/revisions"}],"predecessor-version":[{"id":6503,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6502\/revisions\/6503"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}