{"id":3504,"date":"2018-12-30T04:59:44","date_gmt":"2018-12-30T04:59:44","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-century-textiles-industries-ltd-2018-99-taxmann-com-205-259-taxman-361-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-century-textiles-industries-ltd-2018-259-taxman\/"},"modified":"2019-05-21T01:06:15","modified_gmt":"2019-05-21T01:06:15","slug":"pcit-v-century-textiles-industries-ltd-2018-99-taxmann-com-205-259-taxman-361-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-century-textiles-industries-ltd-2018-259-taxman","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-century-textiles-industries-ltd-2018-99-taxmann-com-205-259-taxman-361-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-century-textiles-industries-ltd-2018-259-taxman\/","title":{"rendered":"PCIT v. Century Textiles &#038; Industries Ltd ( 2018)167 DTR 105 \/ 99 Taxmann.com 205\/ 259 Taxman 361 ( 2019) 412 ITR 228  (Bom) (HC)  Editorial: SLP of revenue is dismissed, PCIT v. Century Textiles &#038; Industries Ltd ( 2018) 408 ITR 59 (St)\/  259 Taxman 360 ( SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that , AO has consciously considered the claim for deduction u\/s 80IC in the regular assessment proceedings .Accordingly reassessment is held to be not valid. ( AY. 2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment \u2013 Change of opinion- Income from other sources -AO has consciously considered the claim for deduction u\/s 80IC in the regular assessment proceedings \u2013 Accordingly reassessment is held to be not valid .[ S.80IC, 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-3504","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Uw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3504","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=3504"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3504\/revisions"}],"predecessor-version":[{"id":5497,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3504\/revisions\/5497"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}