{"id":31447,"date":"2022-12-26T11:11:32","date_gmt":"2022-12-26T05:41:32","guid":{"rendered":"https:\/\/itatonline.org\/digest\/hitech-corporation-ltd-formerly-known-as-hitech-plast-ltd-v-acit-bom-hcur\/"},"modified":"2022-12-26T11:11:32","modified_gmt":"2022-12-26T05:41:32","slug":"hitech-corporation-ltd-formerly-known-as-hitech-plast-ltd-v-acit-bom-hcur","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hitech-corporation-ltd-formerly-known-as-hitech-plast-ltd-v-acit-bom-hcur\/","title":{"rendered":"Hitech Corporation Ltd. (Formerly known as Hitech Plast Ltd.) v.\u00a0 ACIT (Bom.)(HC)(UR)"},"content":{"rendered":"<p>The issues raised in the reasons for reopening were subject matter of consideration before the Assessing Officer. On writ the Court held that\u00a0 when primary facts necessary for assessment are fully and truly disclosed, the Assessing Officer is not entitled to change of opinion to commence the proceedings for reassessment. The court quashed and set aside the notice and the order. \u00a0Court also observed that the Assessing Officer has not dealt with any of the submissions and referred 68 case laws without stating how the case laws are applicable to the facts of the petitioner.<strong> \u00a0[<\/strong>WP (L) No. 6861\/2022 dt. 9-3-2022 (AY.\u00a0 2015-16)]<\/p>\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1NU-y3eCqChNpE1tiSjOg-eRXCH5TD3lq\/view?usp=share_link\"><strong>Hitech Corporation Ltd. (Formerly known as Hitech Plast Ltd.) v.\u00a0 ACIT (Bom.)(HC)(UR)<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-After the expiry of four years-Change of opinion-No failure to disclose material facts-Not dealt with any of the submissions-Referred 68 case laws without stating how the case laws are applicable to the facts of the petitioner-Reassessment notice is bad in law [S. 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-31447","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8bd","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31447","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=31447"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31447\/revisions"}],"predecessor-version":[{"id":31448,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31447\/revisions\/31448"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=31447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=31447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=31447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}