{"id":31019,"date":"2022-12-07T11:05:59","date_gmt":"2022-12-07T05:35:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shri-sai-co-operative-thrift-and-credit-society-ltd-v-ito-2022-447-itr-350-delhihc\/"},"modified":"2023-02-02T16:02:27","modified_gmt":"2023-02-02T10:32:27","slug":"shri-sai-co-operative-thrift-and-credit-society-ltd-v-ito-2022-447-itr-350-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shri-sai-co-operative-thrift-and-credit-society-ltd-v-ito-2022-447-itr-350-delhihc\/","title":{"rendered":"Shri Sai Co-Operative Thrift and Credit Society Ltd. v. ITO (2022) 447 ITR 350\/ 214 DTR 22\/ 326 CTR 790 (Delhi)(HC)"},"content":{"rendered":"<p>Allowing the petition the Court held, that there had been a violation of the mandatory time period stipulated under section\u00a0148A(b)\u00a0and therefore, prejudice had been caused to the assessee. Though the assessee had responded to the show-cause notice, it could not provide all the relevant details and documents since the time of three days to respond to the show-cause notice was inadequate. Consequently, the order dated April 6, 2022 passed under section\u00a0148A(d)\u00a0and notice under section\u00a0148\u00a0were quashed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Grant of minimum of  seven days\u2019 time is mandatory-Failure to grant causing prejudice-Order and subsequent notice for reopening of  assessment was  quashed. [S. 147, 148, 148A(b), 148A(d), 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-31019","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-84j","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31019","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=31019"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31019\/revisions"}],"predecessor-version":[{"id":32392,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31019\/revisions\/32392"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=31019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=31019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=31019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}