{"id":24600,"date":"2022-02-05T20:47:10","date_gmt":"2022-02-05T15:17:10","guid":{"rendered":"https:\/\/itatonline.org\/digest\/alok-knit-exports-ltd-v-dy-cit-2021-283-taxman-221-bom-hc\/"},"modified":"2022-10-02T14:03:31","modified_gmt":"2022-10-02T08:33:31","slug":"alok-knit-exports-ltd-v-dy-cit-2021-283-taxman-221-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/alok-knit-exports-ltd-v-dy-cit-2021-283-taxman-221-bom-hc\/","title":{"rendered":"Alok Knit Exports Ltd v. Dy. CIT (2021) 283 Taxman 221 \/(2022) 446 ITR 748\/ 213 DTR 74(Bom.) (HC)"},"content":{"rendered":"<p>Assessing Officer issued\u00a0 despite being aware that said entity had merged with petitioner company and had ceased to exist .- The Assessing Officer submitted that it was a human error which could be corrected under section 292B\u00a0 of the Act . On writ allowing the petition the Court held that\u00a0 the \u00a0Assessing Officer before issuing notice under section 148 had not applied his mind to look for documents which were already on file. The Assessing Officer having committed a fundamental error, stand of Assessing Officer that it was an error which could be corrected under section 292B was not acceptable . Notice issued\u00a0 notice and order rejecting objections to said notice were to be quashed and set aside . (AY . 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148 : Reassessment \u2013Merger &#8211; Notice issued in the name of entity which had ceased to exist \u2013 Fundamental error \u2013 Which cannot be corrected under section 292B of the Act [ S. 147 , 292B , 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-24600","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6oM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24600","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=24600"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24600\/revisions"}],"predecessor-version":[{"id":29985,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24600\/revisions\/29985"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=24600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=24600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}