{"id":25408,"date":"2022-03-12T15:58:09","date_gmt":"2022-03-12T10:28:09","guid":{"rendered":"https:\/\/itatonline.org\/digest\/r-s-shares-and-securities-ltd-v-ito-2021-86-itr-269-smc-delhitrib\/"},"modified":"2022-03-12T15:58:09","modified_gmt":"2022-03-12T10:28:09","slug":"r-s-shares-and-securities-ltd-v-ito-2021-86-itr-269-smc-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/r-s-shares-and-securities-ltd-v-ito-2021-86-itr-269-smc-delhitrib\/","title":{"rendered":"R.S. Shares and Securities Ltd. v. ITO (2021) 86 ITR 269 (SMC) (Delhi)(Trib.)"},"content":{"rendered":"<p>Held that the Assessing Officer had recorded incorrect, wrong and non-existing reasons for reopening the assessment and failed to verify the veracity of the information received from the Investigation Wing. The Commissioner also had given approval in a mechanical manner. Therefore, the reopening of the assessment was invalid. (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-Information from investigation Wing-Client code modification-Recording of incorrect and wrong facts-Mechanical approval-Reassessment was not valid. [S. 148, 151]<\/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-25408","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6BO","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25408","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=25408"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25408\/revisions"}],"predecessor-version":[{"id":25409,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25408\/revisions\/25409"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}