{"id":9407,"date":"2020-02-02T12:42:18","date_gmt":"2020-02-02T12:42:18","guid":{"rendered":"http:\/\/itatonline.org\/digest\/gaurav-triyugi-singh-v-ito-bom-hc-ur\/"},"modified":"2021-05-06T15:02:09","modified_gmt":"2021-05-06T09:32:09","slug":"gaurav-triyugi-singh-v-ito-bom-hc-ur","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/gaurav-triyugi-singh-v-ito-bom-hc-ur\/","title":{"rendered":"Gaurav Triyugi Singh v ITO  (2020) 423 ITR 531\/ 188 DTR 128\/ 315 CTR 748( Bom) (HC)www.itatonline.org"},"content":{"rendered":"<p>The assessee had taken unsecured loan from various persons . The Assessee has filed the confirmation letters . The AO has doubted the genuineness\u00a0 of the\u00a0 loan and made addition as cash credits . The Tribunal is also confirmed the addition .\u00a0 On appeal by the assessee allowing the appeal the Court held that the assessee need not prove the source of the source . Accordingly the addition was deleted . Followed PCIT v Veedhata Tower Pvt Ltd ( 2018) 403 ITR 415 (Bom) (HC). (ITA NO. 6160 \/Mum\/2016 dt 11-05 2017 (AY. 2010-11)\u00a0 ( ITA No 1750 of 2017 dt 22-01 2020 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits -Identity of  creditor established \u2013 Need not explain  the source of the source \u2013 Addition confirmed by the Tribunal is deleted .<\/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-9407","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2rJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9407","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=9407"}],"version-history":[{"count":5,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9407\/revisions"}],"predecessor-version":[{"id":17646,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9407\/revisions\/17646"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=9407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=9407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=9407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}