{"id":786,"date":"2018-05-12T03:16:48","date_gmt":"2018-05-12T03:16:48","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-gee-square-exports-bomhc-2018-bcaj-may-61\/"},"modified":"2019-04-26T02:03:47","modified_gmt":"2019-04-26T02:03:47","slug":"pcit-v-gee-square-exports-bomhc-2018-bcaj-may-61","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-gee-square-exports-bomhc-2018-bcaj-may-61\/","title":{"rendered":"PCIT v.Gee Square Exports (2018)  100 taxmann.com 461 \/ BCAJ &#8211; May. 61\/ ( 2019) 411 ITR 661   ( Bom)(HC).Editorial: SLP of revenue is dismissed , PCIT v. Gee Square Exports  (2018)  100 taxmann.com 462 \/( 2019) 260 Taxman 175( SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that ,Assessee exporter of frozen buffalo meat. payment made to producer of meat in cash in excess of Rs 20000\/ disallowance cannot be made. Circular No 8 of 2016 issued by CBDT cannot impose additional condition in the Act or Rules adverse to an assessee. Relied UCO Bank v. CIT (1999) 237 ITR 889 (SC) ( ITA No. 1224 of 2015 dt . 13-03 2018) ( AY. 2009 -10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(3) :Expenses or payments not deductible &#8211; Cash payments exceeding prescribed limits \u2013 Payment made to producer of meat in cash in excess of Rs 20000\/ disallowance cannot be made .Circular No 8 of 2016 dt 6-10-2016  issued by CBDT cannot impose additional condition in the Act or Rules adverse to an assessee. [ R.6DD (e(]<\/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-786","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/786","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=786"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/786\/revisions"}],"predecessor-version":[{"id":5141,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/786\/revisions\/5141"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}