{"id":45936,"date":"2024-09-08T17:59:55","date_gmt":"2024-09-08T12:29:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-shyama-power-india-ltd-2024-461-itr-350gauhati-hc\/"},"modified":"2024-09-08T17:59:55","modified_gmt":"2024-09-08T12:29:55","slug":"pcit-v-shyama-power-india-ltd-2024-461-itr-350gauhati-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-shyama-power-india-ltd-2024-461-itr-350gauhati-hc\/","title":{"rendered":"PCIT v. Shyama Power India Ltd. [2024] 461 ITR 350(Gauhati) (HC)"},"content":{"rendered":"<p>In respect of completed\/unabated assessments, no addition can be made by the AO in the absence of any incriminating material found during the course of a search under section 132 or requisition under section 132A of the Act, 1961. However, the completed\/unabated assessments can be re-opened by the AO in the exercise of powers under sections 147\/148 of the Act, subject to fulfilment of the conditions therein. Followed CIT (Pr) v. Abhisar Buildwell P. Ltd (2023) 454 ITR 212 (SC) (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153A: Assessment-Search-No incriminating material-Completed\/unabated assessments-Order of Tribunal deleting the addition is affirmed.[S.132, 132A, 147, 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-45936","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bWU","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45936","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=45936"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45936\/revisions"}],"predecessor-version":[{"id":45937,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45936\/revisions\/45937"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}