{"id":1967,"date":"2018-08-07T13:10:05","date_gmt":"2018-08-07T13:10:05","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-aquatic-remedies-pvt-ltd-bomhcwww-itatonline-org\/"},"modified":"2020-03-18T09:19:32","modified_gmt":"2020-03-18T09:19:32","slug":"cit-v-aquatic-remedies-pvt-ltd-bomhcwww-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-aquatic-remedies-pvt-ltd-bomhcwww-itatonline-org\/","title":{"rendered":"CIT v. Aquatic Remedies Pvt. Ltd( 2018) 406 ITR 545\/ 304 CTR 783 \/ 258 Taxman 357\/ 170 DTR 33 (Bom)(HC)www.itatonline.org Editorial : SLP of revenue is dismissed ;  CIT v. Aquatic Remedies Pvt Ltd ( 2020) 269 Taxman 195 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that ; If the AO reopens the assessment by obtaining the sanction of the Commissioner of Income -ax instead of the Additional Commissioner of Income -tax, there is a breach of S. 151 which renders the reopening void <strong>.<\/strong><em>( ITA No. 904 of 2016, dt. 25.07.2018)( AY. 2004 -05)<\/em><\/p>\n<p><strong>[Click here to download PDF file]<\/strong><a href=\"http:\/\/itatonline.org\/archives\/wp-content\/uploads\/Aquatic-Remedies-147-151-sanction.pdf\">http:\/\/itatonline.org\/archives\/wp-content\/uploads\/Aquatic-Remedies-147-151-sanction.pdf<\/a><\/p>\n<p><strong>[Click here to download PDF file]\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 151 : Reassessment &#8211; Sanction for issue of notice -If the AO reopens the assessment by obtaining the sanction of the Commissioner of Income Tax instead of the Additional Commissioner of Income -tax, there is a breach of S. 151 which renders the reopening void [ S.147, 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-1967","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-vJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1967","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=1967"}],"version-history":[{"count":5,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1967\/revisions"}],"predecessor-version":[{"id":10484,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1967\/revisions\/10484"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}