Held, dismissing the writ petition, that the decision to reopen was based on tangible information, which was not in the possession of the officer at the time of carrying out the assessment proceedings. The information was revealed during the survey proceedings under section\u00a0133A\u00a0of the\u00a0Income-tax Act, 1961 and therefore the reopening under section\u00a0148\u00a0would be the proper course of action since proceedings under section\u00a0153C\u00a0would be the result of search proceedings under section\u00a0132A\u00a0and not survey proceedings under section\u00a0133A. Furthermore, the reliance placed on Instruction No. 1 of 2011\u00a0 [F.No. 187\/ 12\/2010-IT (A)n-1)) dated January 31, 2011 was also misplaced since that was with respect to assessment proceedings and not proceedings initiated pursuant to section\u00a0148\u00a0of the Act. Reading such instructions to override the effect of section\u00a0148\u00a0read with section\u00a0151\u00a0of the Act would be contrary to the intent. The notice of assessment was valid. (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 147 : Reassessment-Survey-Information from investigation wing-Live link-Sufficiency of material cannot be considered at stage of notice-Notice valid. [S. 133A ,148, 151, 153C, 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-30064","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7OU","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30064","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=30064"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30064\/revisions"}],"predecessor-version":[{"id":32249,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30064\/revisions\/32249"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=30064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=30064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}