{"id":9497,"date":"2020-02-06T09:23:09","date_gmt":"2020-02-06T09:23:09","guid":{"rendered":"http:\/\/itatonline.org\/digest\/v-r-swaminathan-v-ito-2019-267-taxman-208-mad-hc\/"},"modified":"2021-05-04T14:54:29","modified_gmt":"2021-05-04T09:24:29","slug":"v-r-swaminathan-v-ito-2019-267-taxman-208-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/v-r-swaminathan-v-ito-2019-267-taxman-208-mad-hc\/","title":{"rendered":"V.R. Swaminathan v. ITO (2019) 267 Taxman 208\/ 184 DTR 1\/(2020) 313 CTR 738 (Mad.)(HC)"},"content":{"rendered":"<p>AO made certain addition to assessee&#8217;s income under S. 41(1) of the Act in respect of amount payable to trade creditors.\u00a0\u00a0 Tribunal confirmed said addition. On appeal the Court remanded\u00a0 matter back to AO to make fresh assessment after giving due and reasonable opportunity of hearing to assessee to adduce reasonable evidence in said regard. (AY. 2001-02)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 41(1) : Profits chargeable to tax-Remission or cessation of trading liability \u2013  Matter remanded to the AO consider the evidences and pass the order. [S. 260A]<\/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-9497","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2tb","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9497","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=9497"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9497\/revisions"}],"predecessor-version":[{"id":17588,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9497\/revisions\/17588"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=9497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=9497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=9497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}