{"id":22881,"date":"2021-11-24T13:12:22","date_gmt":"2021-11-24T07:42:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-g-r-d-commodities-ltd-2021-188-itd-793-kol-trib\/"},"modified":"2021-11-24T13:12:22","modified_gmt":"2021-11-24T07:42:22","slug":"acit-v-g-r-d-commodities-ltd-2021-188-itd-793-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-g-r-d-commodities-ltd-2021-188-itd-793-kol-trib\/","title":{"rendered":"ACIT v. G R D Commodities Ltd. (2021) 188 ITD 793 (Kol.)(Trib.)"},"content":{"rendered":"<p>Held that the Assessing Officer had not independently applied his mind to information received from Investigation Directorate regarding assessee&#8217;s commodity transactions but had simply recorded reasons based on borrowed satisfaction. On facts notice of reassessment was quashed. (AY. 2009-10 to 2012-13, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-After the expiry of four years-Derivative losses-Report of Investigation Directorate-Commodities transaction-Reassessment notice was held to be not justified. [S. 4, 143(3), 148, 153A] <\/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-22881","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5X3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22881","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=22881"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22881\/revisions"}],"predecessor-version":[{"id":22882,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22881\/revisions\/22882"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}