{"id":15233,"date":"2021-02-12T15:19:41","date_gmt":"2021-02-12T09:49:41","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vishwas\/query-on-faq-70\/"},"modified":"2021-02-13T09:27:55","modified_gmt":"2021-02-13T03:57:55","slug":"query-on-faq-70","status":"publish","type":"vishwas","link":"https:\/\/itatonline.org\/digest\/vishwas\/query-on-faq-70\/","title":{"rendered":"Query on FAQ 70"},"content":{"rendered":"<p>Disputed case of penny stock additions where assessment was completed U\/s 143(3) has been considered as a search case and tax is calculated accordingly i.e. 125% of normal tax by CIT City 19 as per FAQ 70 dt. 04\/12\/2020, is his interpretation of FAQ 70 is correct, if not what is remedy. To my mind search cases are cases where assessment has been done U\/s 153.<br \/>\nThanks<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disputed case of penny stock additions where assessment was completed U\/s 143(3) has been considered as a search case and tax is calculated accordingly i.e. 125% of normal tax by CIT City 19 as per FAQ 70 dt. 04\/12\/2020, is his interpretation of FAQ 70 is correct, if not what is remedy. To my mind search cases are cases where assessment has been done U\/s 153. Thanks<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/vishwas\/query-on-faq-70\/\">read more<\/a><\/p>","protected":false},"comment_status":"open","ping_status":"closed","template":"","tags":[],"expertname":[6],"class_list":["post-15233","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\/15233","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=15233"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15233"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15233"},{"taxonomy":"expertname","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/expertname?post=15233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}