{"id":18693,"date":"2021-05-26T12:22:52","date_gmt":"2021-05-26T06:52:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/picheswar-gadde-v-ito-202185-itr-68-sndelhi-trib\/"},"modified":"2022-06-07T20:23:00","modified_gmt":"2022-06-07T14:53:00","slug":"picheswar-gadde-v-ito-202185-itr-68-sndelhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/picheswar-gadde-v-ito-202185-itr-68-sndelhi-trib\/","title":{"rendered":"Picheswar Gadde v. ITO (2021)85 ITR 68 (SN)\/ 211 TTJ 887 \/ 202 DTR 41 (Delhi) (Trib)"},"content":{"rendered":"<p>Allowing the appeal the Tribunal held that\u00a0 Assessment cannot be reopened on basis of\u00a0 statement of\u00a0 unrelated party when\u00a0 no opportunity of\u00a0 cross-examination given hence thee\u00a0 reassessment is bad in law . As regards loan received by cheque and repaid by cheque addition can not be made on the basis of seized document<strong>\u00a0\u00a0\u00a0 <\/strong><strong>\u00a0\u00a0<\/strong>.( AY.2008-09, 2009-10<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.147: Reassessment- After the   expiry of four years- Assessment cannot be reopened on basis of  statement of  unrelated party \u2014 No opportunity of  cross-examination given- Reassessment is bad in law \u2013 Loan received by cheque and repaid by cheque- Addition can not be made on the basis of seized document   [ S.68, 132(4A), 148, 292C  ] <\/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-18693","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Rv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18693","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=18693"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18693\/revisions"}],"predecessor-version":[{"id":27289,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18693\/revisions\/27289"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}