{"id":14832,"date":"2021-01-03T16:24:00","date_gmt":"2021-01-03T16:24:00","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vipul-virendrakumar-patel-v-ito-202082-itr-32-snahd-trib\/"},"modified":"2021-01-03T16:24:00","modified_gmt":"2021-01-03T16:24:00","slug":"vipul-virendrakumar-patel-v-ito-202082-itr-32-snahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/vipul-virendrakumar-patel-v-ito-202082-itr-32-snahd-trib\/","title":{"rendered":"Vipul Virendrakumar Patel v. ITO (2020)82 ITR 32 (SN)(Ahd ) (Trib)"},"content":{"rendered":"<p>The Tribunal held that,\u00a0 salary income lower than the threshold limit . Information as regards deposit of cash in bank excess of Rs 10 lakhs is vague\u00a0 hence\u00a0 information available with Assessing Officer vague and without any proper identification and quantification of\u00a0 escaped income . Section\u00a0147\u00a0enables The Assessing Officer can compel the assessee to\u00a0 file return only in the event of\u00a0 escapement of\u00a0 income. Without having cogent reasons for the belief towards escapement, even a person who has not filed the return cannot be forced to file a return by\u00a0 invoking S.\u00a0147\u00a0. Accordingly the\u00a0 reassessment is held to be\u00a0 not\u00a0 valid. \u00a0\u00a0( AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment  &#8211; Cash deposit in bank in excess of Rs.  10 lakhs &#8211;  Salary income lower than the threshold limit &#8211; Information available with Assessing Officer vague and without any proper identification and quantification of  escaped income \u2014 Reassessment is held to be  not  valid [ S.148 ]<\/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":[21],"tags":[],"class_list":["post-14832","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Re","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14832","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=14832"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14832\/revisions"}],"predecessor-version":[{"id":14833,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14832\/revisions\/14833"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}