{"id":7867,"date":"2019-10-15T12:18:15","date_gmt":"2019-10-15T12:18:15","guid":{"rendered":"http:\/\/itatonline.org\/digest\/aswani-enterprises-v-acit-2019-417-itr-223-mad-hc-2\/"},"modified":"2024-02-20T06:18:01","modified_gmt":"2024-02-20T00:48:01","slug":"aswani-enterprises-v-acit-2019-417-itr-223-mad-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/aswani-enterprises-v-acit-2019-417-itr-223-mad-hc-2\/","title":{"rendered":"Aswani Enterprises v. ACIT ( 2018) 100 taxmann.com 178\/  (2019) 417 ITR 223 (Mad.)(HC) Editorial: SLP dismissed, Aswani Enterprises v .ACIT  (2023)456 ITR 33 \/294 Taxman 435   (SC)"},"content":{"rendered":"<p>Dismissing the appeal the Court held that failure to disclose material facts during assessment proceedings u\/s 143(3) as regards advance received from company wherein two partners are share holders with substantial interest. Reassessment is held to be valid.\u00a0 (AY. 1998-99, 1999-2000)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment -Deemed dividend- Advances received from company-Two partners  are shareholders with substantial interest-Reassessment is held to be valid. [S. 2(22)(e), 148 ]<\/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-7867","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-22T","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7867","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=7867"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7867\/revisions"}],"predecessor-version":[{"id":39278,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7867\/revisions\/39278"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}