{"id":27019,"date":"2022-05-20T07:16:25","date_gmt":"2022-05-20T01:46:25","guid":{"rendered":"https:\/\/itatonline.org\/digest\/gemstar-construction-p-ltd-v-uoi-2022-285-taxman-457-bom-hc\/"},"modified":"2022-05-20T07:16:25","modified_gmt":"2022-05-20T01:46:25","slug":"gemstar-construction-p-ltd-v-uoi-2022-285-taxman-457-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/gemstar-construction-p-ltd-v-uoi-2022-285-taxman-457-bom-hc\/","title":{"rendered":"Gemstar Construction (P.) Ltd. v UOI (2022) 285 Taxman 457 (Bom) (HC)"},"content":{"rendered":"<p>Allowing the petition the Court held that where assessee had disclosed truly and fully material facts pertaining to deduction claimed under section 80-IB(10) and same were carefully scrutinized by Assessing Officer and he had taken a view that assessee would be entitled to deduction under section 80-IB(10), assessment sought to be reopened on account of change of opinion of Assessing Officer about manner of computation of deduction under section 80-IB(10) was not justified.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147: Re assessment \u2013 Change of opinion \u2013 Housing project \u2013 Full details of residential unit was furnished in the course of assessment proceedings \u2013 Re assessment is held to be bad in law .  [ S.80IB(10), 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-27019","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-71N","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27019","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=27019"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27019\/revisions"}],"predecessor-version":[{"id":27020,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27019\/revisions\/27020"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=27019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=27019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=27019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}