{"id":22122,"date":"2021-10-05T18:00:55","date_gmt":"2021-10-05T12:30:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-kotarki-constructions-pvt-ltd-2021-435-itr-78-202-dtr-241-281-taxman-187-karn-hc\/"},"modified":"2022-01-21T17:19:25","modified_gmt":"2022-01-21T11:49:25","slug":"acit-v-kotarki-constructions-pvt-ltd-2021-435-itr-78-202-dtr-241-281-taxman-187-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-kotarki-constructions-pvt-ltd-2021-435-itr-78-202-dtr-241-281-taxman-187-karn-hc\/","title":{"rendered":"ACIT v. Kotarki Constructions Pvt. Ltd. (2021) 435 ITR 78 \/ 202 DTR 241 \/ 322 CTR 843 \/ 281 Taxman 187 (Karn.)(HC)"},"content":{"rendered":"<p>Dismissing the writ appeal of the revenue the Court held that the original assessment\u00a0 was made on the basis that the assessee was a developer of infrastructure. If that was so, the proceeding initiated on the premise that the assessee was a works contractor and not a developer was only on a change of opinion and therefore did not fulfil the essential requirements of sections 147\/148 of the Act. The notice of reassessment was not valid. (AY. 2010-11)<\/p>\n<p>Decision of single judge in Kotarki Constructions Pvt. Ltd. v ACIT (2018) 11 ITR-OL 479\u00a0 \/ 162 DTR 49\/ ( 2019) 306 DTR 223 (Karn.)(HC) affirmed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-After the expiry of four years-No failure to disclose material facts-Developer-Works contract-Reassessment is not valid. [S. 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":[21],"tags":[],"class_list":["post-22122","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5KO","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22122","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=22122"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22122\/revisions"}],"predecessor-version":[{"id":24182,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22122\/revisions\/24182"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}