{"id":41260,"date":"2024-04-04T10:38:04","date_gmt":"2024-04-04T05:08:04","guid":{"rendered":"https:\/\/itatonline.org\/digest\/milind-madhukar-edke-v-ito-2023101-itr-88-sn-pune-trib\/"},"modified":"2024-04-04T10:38:04","modified_gmt":"2024-04-04T05:08:04","slug":"milind-madhukar-edke-v-ito-2023101-itr-88-sn-pune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/milind-madhukar-edke-v-ito-2023101-itr-88-sn-pune-trib\/","title":{"rendered":"Milind Madhukar Edke v. ITO (2023)101 ITR 88 (SN) (Pune) (Trib)"},"content":{"rendered":"<p>The Hon\u2019ble tribunal observed that in the absence of nexus between the prima facie inference arrived in the reasons recorded and information vis-a-vis material tangible, credible, cogent and relevant to form a reason to believe, there was no basis to assume jurisdiction, the reasons recorded were highly vague, far-fetched and could not lead to a conclusion of escapement of income. The proceedings initiated were purely based on surmises, conjectures and suspicion and therefore, they were without jurisdiction and deserved to be quashed. (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-With in four years-Income escaping assessment-No fresh material with AO to form opinion that income escaped assessment-Opinion based on incorrect basis-Proceeding on the basis of conjectures-Reassessment without jurisdiction. [S. 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-41260","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aJu","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41260","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=41260"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41260\/revisions"}],"predecessor-version":[{"id":41261,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41260\/revisions\/41261"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}