{"id":23557,"date":"2022-01-09T06:45:13","date_gmt":"2022-01-09T01:15:13","guid":{"rendered":"https:\/\/itatonline.org\/digest\/hareshbhai-mathurbhai-zinzuwadia-v-acit-2021-438-itr-413-guj-hc\/"},"modified":"2023-02-03T16:44:08","modified_gmt":"2023-02-03T11:14:08","slug":"hareshbhai-mathurbhai-zinzuwadia-v-acit-2021-438-itr-413-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hareshbhai-mathurbhai-zinzuwadia-v-acit-2021-438-itr-413-guj-hc\/","title":{"rendered":"Hareshbhai Mathurbhai Zinzuwadia v. ACIT (2021) 438 ITR 413 \/2022) 284 Taxman 220 \/ 215 DTR 323\/ 328 CTR 931  (Guj.)(HC)\/ Darshit Asokbhai Zinzuvadia v ACIT ( 2022) 215 DTR 323\/ 328 CTR 931 ( Guj)( HC"},"content":{"rendered":"<p>Dismissing the writ petition the court held that there was proper application of mind on the part of the Assessing Officer while recording the reasons for reopening the assessments. When the return of income of both the assessees was processed under section\u00a0143(1)\u00a0and not under section\u00a0143(3)\u00a0the Assessing Officer was justified in arriving at the conclusion that the income had escaped assessment. The notices of reassessment were valid. (AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-With in four years-Gift by proprietor of  Jewellery business to his close relatives-Relatives investing gifts in  business and forming a partnership-Notice was held to be valid. [S.143 (1), 148, Art. 226] <\/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-23557","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-67X","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23557","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=23557"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23557\/revisions"}],"predecessor-version":[{"id":32426,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23557\/revisions\/32426"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}