{"id":18150,"date":"2021-05-12T11:02:52","date_gmt":"2021-05-12T05:32:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-tidel-park-ltd-2020-317-ctr-440-195-dtr-191-mad-hc\/"},"modified":"2021-05-12T11:02:52","modified_gmt":"2021-05-12T05:32:52","slug":"cit-v-tidel-park-ltd-2020-317-ctr-440-195-dtr-191-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-tidel-park-ltd-2020-317-ctr-440-195-dtr-191-mad-hc\/","title":{"rendered":"CIT v. Tidel Park Ltd (2020) 317 CTR 440 \/ 195 DTR 191 (Mad) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that there was no failure to disclose any material facts and the AO has correctly assessed the lease rental as business income , reopening of assessment is due to change of opinion hence bad in law . (AY. 2003-04,\u00a0 2005-06)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment &#8211; Developing, operating and maintaining information technology parks \u2013 Lease rental &#8211; Change of opinion \u2013 Reassessment is held to be bad in law [ S.80IA(iii),  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-18150","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4IK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18150","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=18150"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18150\/revisions"}],"predecessor-version":[{"id":18151,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18150\/revisions\/18151"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}