{"id":16147,"date":"2021-03-30T20:00:23","date_gmt":"2021-03-30T14:30:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ranjana-construction-pvt-ltd-v-pcit-2021-bcaj-march-p-39-bang-trib\/"},"modified":"2021-03-30T20:00:23","modified_gmt":"2021-03-30T14:30:23","slug":"ranjana-construction-pvt-ltd-v-pcit-2021-bcaj-march-p-39-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ranjana-construction-pvt-ltd-v-pcit-2021-bcaj-march-p-39-bang-trib\/","title":{"rendered":"Ranjana Construction Pvt Ltd v. PCIT ( 2021) BCAJ-March -P. 39 )( Bang) (Trib)"},"content":{"rendered":"<p>The assessment was completed u\/s 143(3) of the Act. PCIT passed the revision order stating that the agreement does not mention allotment of the flat, the allotment letter is not part of registered agreement\u00a0 , not file any evidence having filed the allotment letter with stamp Duty Authority , agreement does not mention the booking amount paid and there is contradiction in date mentioned in allotment letter and the commencement certificate . Accordingly the Assessing Officer was directed to pass fresh order . On appeal the Tribunal held that , the Assessing Officer has taken a possible view after inquiring in to the matter and appreciating the facts and documents filed by the\u00a0 assessee , since the Assessing Officer has taken possible view revision order is held to be not valid .( ITA No. 4308\/Bang \/ 2019 dt 11- 1- 2021) (AY. 2014 -15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner &#8211; Revision of orders prejudicial to revenue &#8211;  Stamp valuation \u2013 Date of agreement \u2013 Date of registration- Possible view \u2013 Revision is held to be not valid [ S.43CA ] <\/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-16147","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4cr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16147","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=16147"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16147\/revisions"}],"predecessor-version":[{"id":16148,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16147\/revisions\/16148"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}