{"id":45036,"date":"2024-08-10T15:23:24","date_gmt":"2024-08-10T09:53:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/khed-economic-infrastructure-p-ltd-v-dy-cit-2023107-itr-83-snpune-trib\/"},"modified":"2024-08-10T15:23:24","modified_gmt":"2024-08-10T09:53:24","slug":"khed-economic-infrastructure-p-ltd-v-dy-cit-2023107-itr-83-snpune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/khed-economic-infrastructure-p-ltd-v-dy-cit-2023107-itr-83-snpune-trib\/","title":{"rendered":"Khed Economic Infrastructure P. Ltd. v. Dy. CIT (2023)107 ITR 83 (SN)(Pune) (Trib)"},"content":{"rendered":"<p>Held that the assessee raising specific queries regarding the interest income in question followed by the assessee\u2019s clarifications. The assessee had placed on record its balance-sheets, tax audit reports and audited annual accounts, throwing sufficient light on the details of interest income. Therefore, for the assessment years 2011-12 and 2012-13 the reopening of the assessments did not satisfy the test of the Assessing Officer\u2019s having recorded any specific satisfaction based on fresh tangible material that the assessee had not disclosed \u201cfully\u201d and \u201ctruly\u201d all the relevant particulars in the course of regular assessments.(AY.2011-12 to 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.147: Reassessment-After the expiry of four years-With in four years-Raised specific query in the original assessment proceedings-No new tangible material-Reassessment is bad in law.[S. 143(3 148] <\/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-45036","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bIo","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45036","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=45036"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45036\/revisions"}],"predecessor-version":[{"id":45037,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45036\/revisions\/45037"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}