{"id":1889,"date":"2018-07-30T07:23:58","date_gmt":"2018-07-30T07:23:58","guid":{"rendered":"http:\/\/itatonline.org\/digest\/anne-venkata-vishnu-vara-prasad-v-acit-2018-405-itr-491-tap-hc-yelamanchili-venkta-ramana-v-acit-2018-405-itr-491-tap-hc\/"},"modified":"2018-11-04T09:48:18","modified_gmt":"2018-11-04T09:48:18","slug":"anne-venkata-vishnu-vara-prasad-v-acit-2018-405-itr-491-tap-hc-yelamanchili-venkta-ramana-v-acit-2018-405-itr-491-tap-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/anne-venkata-vishnu-vara-prasad-v-acit-2018-405-itr-491-tap-hc-yelamanchili-venkta-ramana-v-acit-2018-405-itr-491-tap-hc\/","title":{"rendered":"Anne Venkata Vishnu Vara Prasad  v. ACIT  (2018) 405 ITR 491\/ 169 DTR 377 \/ 304 CTR 476  (T&#038;AP)  (HC) Yelamanchili Venkta Ramana v. ACIT  (2018) 405 ITR 491 \/169 DTR 377\/ 304 CTR 476(T&#038;AP)  (HC)"},"content":{"rendered":"<p>Assessments cannot be reopened under section\u00a0147\u00a0of the\u00a0Income-tax Act, 1961\u00a0by the Assessing Officer in relation to income arising out of a matter which was the subject matter of an appeal.Accordingly, that the investment agreement dated August 12, 2009 being the subject matter of the appeals before the Appellate Tribunal and, thereafter, before the court, it was not open to the Assessing Officer to treat it as the foundation for forming an opinion that income chargeable to tax had escaped assessment in the context thereof.\u00a0<strong>\u00a0<\/strong>( AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.147: Reassessment &#8211; After the   expiry of four years  -Income forming subject matter of appeal \u2014Reassessment is held to be not valid [ S.148 ,151 ]<\/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-1889","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ut","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1889","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=1889"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1889\/revisions"}],"predecessor-version":[{"id":2858,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1889\/revisions\/2858"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}