{"id":36827,"date":"2023-09-05T15:10:47","date_gmt":"2023-09-05T09:40:47","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-pacharia-exports-pvt-ltd-202295-itr-13-kol-trib\/"},"modified":"2023-09-05T15:10:47","modified_gmt":"2023-09-05T09:40:47","slug":"dy-cit-v-pacharia-exports-pvt-ltd-202295-itr-13-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-pacharia-exports-pvt-ltd-202295-itr-13-kol-trib\/","title":{"rendered":"Dy. CIT v. Pacharia Exports Pvt. Ltd. (2022)95 ITR 13 (Kol) (Trib)"},"content":{"rendered":"<p>Held that \u00a0the reopening of assessment under section\u00a0147\u00a0after a period of more than four years on the ground that sources of loan funds were not explained, without any reference to failure on the part of the assessee to disclose all facts regarding the loans in the return of income, books of account and during the assessment proceedings, was in violation to proviso to section\u00a0147\u00a0of the Act and invalid.(AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-After the expiry of four years-Cash credits-No failure to disclose material facts-Reassessment is invalid. [S. 68, 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":[21],"tags":[],"class_list":["post-36827","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9zZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36827","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=36827"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36827\/revisions"}],"predecessor-version":[{"id":36828,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36827\/revisions\/36828"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}