{"id":8207,"date":"2019-11-14T06:58:41","date_gmt":"2019-11-14T06:58:41","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-jayant-k-furnishers-2018-98-taxmann-com-394-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-jayant-k-furnishers-2019-266-taxman-91-sc\/"},"modified":"2019-11-14T06:58:41","modified_gmt":"2019-11-14T06:58:41","slug":"pcit-v-jayant-k-furnishers-2018-98-taxmann-com-394-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-jayant-k-furnishers-2019-266-taxman-91-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-jayant-k-furnishers-2018-98-taxmann-com-394-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-jayant-k-furnishers-2019-266-taxman-91-sc\/","title":{"rendered":"PCIT  v. Jayant K. Furnishers. (2018) 98 taxmann.com 394 ( Bom) (HC)   Editorial : SLP of revenue is dismissed , PCIT  v. Jayant K. Furnishers. (2019) 266 Taxman 91 (SC)"},"content":{"rendered":"<p>Assessee, an interior designer, rendered services to &#8216;S&#8217; . A search was conducted in premises of &#8216;S&#8217; during of which certain documents were seized showing that some unaccounted cash payments were made to assessee .Accordingly, proceedings were initiated under S. 153C and addition was made to assessee&#8217;s taxable income . Tribunal held that no unexplained payment was made in relevant assessment year accordingly \u00a0deleted \u00a0the addition. High Court affirmed the order of the Tribunal . \u00a0(AY. 2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153C : Assessment &#8211; Income of any other person \u2013 Search-   Cash receipts- No payments were made in relevant assessment year- , impugned addition made in assessment year- Deletion of addition is held to be justified . [ S.69A ]<\/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-8207","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-28n","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8207","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=8207"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8207\/revisions"}],"predecessor-version":[{"id":8208,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8207\/revisions\/8208"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}