{"id":18104,"date":"2021-05-10T17:38:59","date_gmt":"2021-05-10T12:08:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/mbl-infrastructure-ltd-v-dy-cit-2020-84-itr-189-kol-trib\/"},"modified":"2021-05-10T17:38:59","modified_gmt":"2021-05-10T12:08:59","slug":"mbl-infrastructure-ltd-v-dy-cit-2020-84-itr-189-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mbl-infrastructure-ltd-v-dy-cit-2020-84-itr-189-kol-trib\/","title":{"rendered":"MBL Infrastructure Ltd. v. Dy.CIT (2020) 84 ITR 189 (Kol.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that the Assessing Officer had taken only a plausible view in accepting the assessee\u2019s section\u00a080IA\u00a0deduction claim in his assessment under section\u00a0143(3)\u00a0of the Act. The exercise of revision jurisdiction by the Principal Commissioner was not sustainable moreover, the revision notice had treated the section\u00a0143(3)\u00a0assessment as a case of the Assessing Officer having erroneously accepted the assessee\u2019s section\u00a080IA\u00a0deduction claim whereas in his section\u00a0263\u00a0order he had merely restored the issue back to the Assessing Officer for a fresh adjudication. The order was not sustainable. (AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue Infrastructure undertaking-Assessing Officer taking plausible view-Revision is held to be not valid. [S. 80IA] <\/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-18104","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4I0","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18104","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=18104"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18104\/revisions"}],"predecessor-version":[{"id":18105,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18104\/revisions\/18105"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}