{"id":23260,"date":"2021-12-21T16:59:02","date_gmt":"2021-12-21T11:29:02","guid":{"rendered":"https:\/\/itatonline.org\/digest\/galaxy-surfactants-ltd-v-acit-2021-190-itd-741-88-itr-39-sn-211-ttj-858-201-dtr-381-mum-trib\/"},"modified":"2021-12-21T16:59:02","modified_gmt":"2021-12-21T11:29:02","slug":"galaxy-surfactants-ltd-v-acit-2021-190-itd-741-88-itr-39-sn-211-ttj-858-201-dtr-381-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/galaxy-surfactants-ltd-v-acit-2021-190-itd-741-88-itr-39-sn-211-ttj-858-201-dtr-381-mum-trib\/","title":{"rendered":"Galaxy Surfactants Ltd. v. ACIT (2021) 190 ITD 741 \/ 88 ITR 39 (SN) \/ 211 TTJ 858 \/ 201 DTR 381 (Mum.)(Trib.)"},"content":{"rendered":"<p>The Tribunal held that the Assessing Officer on his own cannot revisit his conclusions at the stage of passing the final order under\u00a0section 144C(3). The order of the Assessing Officer was erroneous as also prejudicial to the interest of the assessee. Revision was held to be justified. (AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue-Draft assessment order  was prepared and served-It is not open to the Assessing Officer  to revisit the draft assessment order-Revision is held to be  valid. [S. 92C, 144C(3)] <\/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-23260","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-63a","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23260","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=23260"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23260\/revisions"}],"predecessor-version":[{"id":23261,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23260\/revisions\/23261"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}