{"id":20081,"date":"2021-07-07T12:44:57","date_gmt":"2021-07-07T07:14:57","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-golden-peace-hotels-and-resorts-p-ltd-2021-124-taxmann-com-248-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-golden-peace-hotels-and-resorts-p-ltd-2021-277-taxman-595\/"},"modified":"2022-07-04T13:36:37","modified_gmt":"2022-07-04T08:06:37","slug":"pcit-v-golden-peace-hotels-and-resorts-p-ltd-2021-124-taxmann-com-248-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-golden-peace-hotels-and-resorts-p-ltd-2021-277-taxman-595","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-golden-peace-hotels-and-resorts-p-ltd-2021-124-taxmann-com-248-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-golden-peace-hotels-and-resorts-p-ltd-2021-277-taxman-595\/","title":{"rendered":"PCIT v. Golden Peace Hotels and Resorts (P.) Ltd. (2021) 124 taxmann.com 248 (Bom.)(HC) Editorial : SLP of revenue  dismissed, PCIT v. Golden Peace Hotels and Resorts (P.) Ltd. (2021) 277 Taxman 595 (SC))\/ (2021) 437 ITR 9 (ST) (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that\u00a0 the Assessing Officer has not recorded \u00a0satisfaction and even not-striking irrelevant portion in the notice, hence the deletion of penalty is held to be valid. Relied on<strong> \u00a0<\/strong>CIT\u00a0v.\u00a0Shri Samson Perinchery (2017\u00a0 392 ITR 4 (Bom) (HC) \u00a0Pr. CIT\u00a0v.\u00a0New Era Sova Mine (2020) 420 ITR 376 (Bom) (HC)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty-Concealment-Not recording satisfaction-Not striking irrelevant portion in the notice-Levy of penalty is not valid. [S. 260A]  <\/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-20081","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5dT","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20081","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=20081"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20081\/revisions"}],"predecessor-version":[{"id":27978,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20081\/revisions\/27978"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}