{"id":6786,"date":"2019-08-26T12:44:57","date_gmt":"2019-08-26T12:44:57","guid":{"rendered":"http:\/\/itatonline.org\/digest\/acit-v-salauddin-2019-414-itr-335-pat-hc\/"},"modified":"2019-08-26T12:44:57","modified_gmt":"2019-08-26T12:44:57","slug":"acit-v-salauddin-2019-414-itr-335-pat-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-salauddin-2019-414-itr-335-pat-hc\/","title":{"rendered":"ACIT  v.  Salauddin.  (2019)  414 ITR 335 (Pat.)(HC)"},"content":{"rendered":"<p>Court held that once the books of account were rejected and the profit was estimated at 8 per cent. of the turnover, the books of account could not be relied upon for the purpose of making addition under the provisions of S.\u00a040\u00a0of the Act . (AY. 2004 -05)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40(a)(ia) : Amounts not deductible-Deduction at source- Rejection of Books of account-Estimation of profit @ 8% of turnover\u2014No disallowance can be made u\/s. 40 of the Act. [S. 145(3)]<\/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-6786","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1Ls","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6786","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=6786"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6786\/revisions"}],"predecessor-version":[{"id":6787,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6786\/revisions\/6787"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}