{"id":3555,"date":"2019-01-04T06:17:23","date_gmt":"2019-01-04T06:17:23","guid":{"rendered":"http:\/\/itatonline.org\/digest\/aravali-kshetriya-gramin-bank-v-acit-2018-409-itr-242-raj-hc\/"},"modified":"2019-01-04T06:17:23","modified_gmt":"2019-01-04T06:17:23","slug":"aravali-kshetriya-gramin-bank-v-acit-2018-409-itr-242-raj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/aravali-kshetriya-gramin-bank-v-acit-2018-409-itr-242-raj-hc\/","title":{"rendered":"Aravali Kshetriya Gramin Bank v. ACIT  (2018)  409 ITR 242 (Raj.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that the \u00a0judgment relied on by the Assessing Officer had been overruled in the case of\u00a0CIT v. Karnataka State Co-operative Apex Bank( 2001) 251 ITR 194 (SC). Accordingly the Tribunal was not justified in holding that the additions made by the Assessing Officer towards non-recoverable interest on non-performing asset debts as being in conformity with the requirement of S.\u00a043D. (AY. 1998-99)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment\u2014Notice  issued based on overruled judgment is illegal and improper. [S. 43D, 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-3555","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Vl","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3555","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=3555"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3555\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}