{"id":11714,"date":"2020-06-02T05:19:53","date_gmt":"2020-06-02T05:19:53","guid":{"rendered":"http:\/\/itatonline.org\/digest\/vishwas\/can-protective-addition-be-offered-to-tax-so-that-substantive-addiction-in-earlier-year-shall-be-deleted\/"},"modified":"2020-06-04T03:02:42","modified_gmt":"2020-06-04T03:02:42","slug":"can-protective-addition-be-offered-to-tax-so-that-substantive-addiction-in-earlier-year-shall-be-deleted","status":"publish","type":"vishwas","link":"https:\/\/itatonline.org\/digest\/vishwas\/can-protective-addition-be-offered-to-tax-so-that-substantive-addiction-in-earlier-year-shall-be-deleted\/","title":{"rendered":"Can protective addition be offered to tax so that substantive addiction in earlier year shall be deleted?"},"content":{"rendered":"<p>A.O. had made addition of Rs. 1.68 correction on protective basis in A. Y. 2015-16 and on substantive basis in A. Y. 2014-15 in the case of a company. Can assessee offer protective addition to tax in A. Y. 2015-16 so that substantive addition in A. Y. 2014-15 shall be deleted? The clarification issued by CBDT is that if substantive addition is offered to tax in VSV then protective addition shall be deleted. Here the case is vise versa. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A.O. had made addition of Rs. 1.68 correction on protective basis in A. Y. 2015-16 and on substantive basis in A. Y. 2014-15 in the case of a company. Can assessee offer protective addition to tax in A. Y. 2015-16 so that substantive addition in A. Y. 2014-15 shall be deleted? The clarification issued by CBDT is that if substantive addition is offered to tax in VSV then protective addition shall be deleted. Here the case is vise versa.<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/vishwas\/can-protective-addition-be-offered-to-tax-so-that-substantive-addiction-in-earlier-year-shall-be-deleted\/\">read more<\/a><\/p>","protected":false},"comment_status":"open","ping_status":"closed","template":"","tags":[],"expertname":[6],"class_list":["post-11714","vishwas","type-vishwas","status-publish","hentry","expertname-dr-k-shivaram-sr-advocate"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas\/11714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/vishwas"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=11714"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=11714"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=11714"},{"taxonomy":"expertname","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/expertname?post=11714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}