{"id":20959,"date":"2021-08-05T18:35:08","date_gmt":"2021-08-05T13:05:08","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-jateen-madanlal-gupta-2021-187-itd-832-ahd-trib\/"},"modified":"2021-08-05T18:35:08","modified_gmt":"2021-08-05T13:05:08","slug":"dcit-v-jateen-madanlal-gupta-2021-187-itd-832-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-jateen-madanlal-gupta-2021-187-itd-832-ahd-trib\/","title":{"rendered":"DCIT v. Jateen Madanlal Gupta. (2021) 187 ITD 832 (Ahd.) (Trib.)"},"content":{"rendered":"<p>Allowing the\u00a0 cross objection\u00a0 the Tribunal held that the Assessing Officer nowhere mentioned that he had new information or fresh material in possession from where he had seen such fact\u00a0 and the\u00a0 Assessing Officer had not applied his mind in reaching to reason to believe or formed believe in mechanical order without adducing supporting material that income of assessee had escaped assessment.-Therefore reopening is held to be bad in law. Even in merits the Tribunal held that provision\u00a0 of deemed dividend is applicable to the facts of the appellant.\u00a0\u00a0 (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-Deemed dividend-Without bringing any fresh material on record, on fresh application of mind-Reassessment is bad in law-On merit also addition as deemed dividend was deleted. [S. 2 (22)(e)]<\/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-20959","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5s3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20959","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=20959"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20959\/revisions"}],"predecessor-version":[{"id":20960,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20959\/revisions\/20960"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}