{"id":3459,"date":"2018-12-28T11:31:09","date_gmt":"2018-12-28T11:31:09","guid":{"rendered":"http:\/\/itatonline.org\/digest\/fis-global-business-solutions-india-pvt-ltd-v-pcit-dehihc-www-itatonline-org\/"},"modified":"2018-12-28T11:31:09","modified_gmt":"2018-12-28T11:31:09","slug":"fis-global-business-solutions-india-pvt-ltd-v-pcit-dehihc-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/fis-global-business-solutions-india-pvt-ltd-v-pcit-dehihc-www-itatonline-org\/","title":{"rendered":"FIS Global Business Solutions India Pvt. Ltd. v. PCIT (Dehi)(HC), www.itatonline.org"},"content":{"rendered":"<p>Allowing the petition the Court held that,<strong>a report of the Revenue audit party is merely information and opinion- It is not new or fresh or tangible material-If the reassessment notice is solely based on an audit opinion, it means it is issued on change of opinion which is not permissible .In<\/strong> the present case, the reassessment notice is solely based on an audit opinion. Having regard to the fact that the assessee\u2019s challenge to the previous year\u2019s re-assessment orders was successful \u2013 in\u00a0<em>FIS Global Business Solutions India Pvt. Ltd. v. ACIT\u00a0<\/em>2018 (408) ITR 75 (Del), the reassessment proceedings are unsustainable.( W.P.(C) 12277\/2018, C.M. APPL.47539\/2018. Dt. 16.11.2018) (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment\u2013Audit-A report of the Revenue audit party is merely information and opinion- It is not new or fresh or tangible material-If the reassessment notice is solely based on an audit opinion, it means it is issued on change of opinion which is not permissible. [S. 148]<\/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":[1],"tags":[],"class_list":["post-3459","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-TN","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3459","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=3459"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3459\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}