{"id":39165,"date":"2024-02-13T12:21:42","date_gmt":"2024-02-13T06:51:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/prem-chand-markanda-sd-college-for-women-v-acit-e-2023455-itr-329-phhc\/"},"modified":"2024-08-26T06:30:19","modified_gmt":"2024-08-26T01:00:19","slug":"prem-chand-markanda-sd-college-for-women-v-acit-e-2023455-itr-329-phhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/prem-chand-markanda-sd-college-for-women-v-acit-e-2023455-itr-329-phhc\/","title":{"rendered":"Prem Chand Markanda Sd College For Women v. ACIT (E) (2023)455 ITR 329\/(2023) 334 CTR 582  (P&#038;H)(HC)\/Editorial: SLP of Revenue  dismissed , Asst. CIT (E)  v. Prem Chand Markanda Sd College For Women (2024)460 ITR 495 \/297 Taxman 64  (SC)"},"content":{"rendered":"<p>Allowing the petition the Court held that after issuance of notice under section\u00a0148A(b)\u00a0objections were filed by the assessee which were dismissed. A notice under section\u00a0148\u00a0for reopening the assessment under section\u00a0147\u00a0was issued wherein no reference was made to the third proviso to section\u00a012A. Registration of the assessee was granted and was applicable from the assessment year 2016-17. The registration was valid for claiming the benefit under sections 11 and 12. No proceedings under section\u00a0147\u00a0could be initiated for the assessment year 2015-16. Hence, the show-cause notice under section\u00a0148A(b), the consequent order under section\u00a0148A(d)\u00a0and the notice under section\u00a0147\u00a0being contrary to the third proviso to section\u00a012A(2)\u00a0 the order and notice is\u00a0 set aside.(AY.2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Charitable purpose-Registration-Reassessment proceedings for earlier years cannot be initiated on ground of  non-registration. [S.11, 12 12A(2), 147, 148, 148A(b), 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-39165","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-abH","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39165","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=39165"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39165\/revisions"}],"predecessor-version":[{"id":45667,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39165\/revisions\/45667"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}