{"id":1827,"date":"2018-07-23T09:30:04","date_gmt":"2018-07-23T09:30:04","guid":{"rendered":"http:\/\/itatonline.org\/digest\/jaddish-narayan-sharma-v-ito-2018-65-itr-194-jaipur-trib-4\/"},"modified":"2019-05-07T11:25:47","modified_gmt":"2019-05-07T11:25:47","slug":"jaddish-narayan-sharma-v-ito-2018-65-itr-194-jaipur-trib-4","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jaddish-narayan-sharma-v-ito-2018-65-itr-194-jaipur-trib-4\/","title":{"rendered":"Jagdish Narayan Sharma v ITO ( 2018) 65 ITR 194\/ 194 TTJ 825\/(2019) 174 DTR 25 (Jaipur) (Trib)"},"content":{"rendered":"<p>Tribunal held that ,\u00a0 sale executed and registered 12-1-2007 ,therefore escapement of capital gains in AY. 2007 -08. However\u00a0 reopening\u00a0of\u00a0 assessment for the AY .2006 -07 As there is no nexus between material and the formation of prima facie belief that income\u00a0 had\u00a0 escaped taxation for the AY. 2006 -07 .Reassessment is held to be bad in law . ( AY. 2006 -07 , 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.147: Reassessment \u2013 Capital gains on sale of land \u2013 Sale executed and registered 12-1-2007 \u2013 Escapement of capital gains in AY. 2007 -08  -Reopening  of  assessment for the AY .2006 -07- No nexus between material and the formation of prima facie belief that income  had  escaped taxation for the AY. 2006 -07 \u2013 Reassessment is held to be bad in law [ 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":[1],"tags":[],"class_list":["post-1827","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-tt","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1827","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=1827"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1827\/revisions"}],"predecessor-version":[{"id":5397,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1827\/revisions\/5397"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}