{"id":35296,"date":"2023-08-01T16:58:42","date_gmt":"2023-08-01T11:28:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/d-k-realty-india-p-ltd-v-acit-2023-148-taxmann-com-468-292-taxman-328-bomhc\/"},"modified":"2023-08-01T16:58:42","modified_gmt":"2023-08-01T11:28:42","slug":"d-k-realty-india-p-ltd-v-acit-2023-148-taxmann-com-468-292-taxman-328-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/d-k-realty-india-p-ltd-v-acit-2023-148-taxmann-com-468-292-taxman-328-bomhc\/","title":{"rendered":"D.K. Realty India (P.) Ltd. v. ACIT [2023] 148 taxmann.com 468 \/ 292 Taxman 328 (Bom)(HC)"},"content":{"rendered":"<p>Allowing the petition, the Court held that the issue relating to advance made by assessee to a co-operative society had been specifically gone into by Assessing Office in scrutiny assessment proceedings for assessment year 2017-18 by raising queries which was replied by assessee, reassessment proceedings initiated by Assessing Officer on same subject matter would be treated as a change of opinion which would not satisfy jurisdictional condition for reopening assessment. Reassessment notice and order disposing the objection was quashed. (AY. 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment \u2013With in four years- Advance \u2013 Change of opinion \u2013 Notice and order disposing the objection was quashed. [S. 69A 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-35296","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9bi","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35296","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=35296"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35296\/revisions"}],"predecessor-version":[{"id":35297,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35296\/revisions\/35297"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}