{"id":23504,"date":"2022-01-08T10:25:40","date_gmt":"2022-01-08T04:55:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=23504"},"modified":"2022-01-11T05:49:48","modified_gmt":"2022-01-11T00:19:48","slug":"presumptive-taxation-and-additions","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/presumptive-taxation-and-additions\/","title":{"rendered":"Presumptive Taxation and additions"},"content":{"rendered":"<p>Assessee is individual and filling return regularly by offering income U\/sec. 44AD . During the\u00a0 course of assessment proceedings assesee submitted the summary of cash account and bank account deposits in bank account is less than the Turnover also submitted statement of affairs .Assessing Officer has added entire turnover as unexplained receipts u\/sec. 69A of the Act on the ground that assessee has not given the evidence of items traded and proof of sales . Is\u00a0 the action of AO is correct , he has not given any show cause Notice in this context.\u00a0 Pl guide<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[477,231,109],"class_list":["post-23504","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-addition","qa_tag-presumptive-income","qa_tag-presumptive-taxation-scheme"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/23504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=23504"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23504"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=23504"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=23504"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=23504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}