{"id":46277,"date":"2024-09-15T09:48:35","date_gmt":"2024-09-15T04:18:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/hydrocarbons-education-and-research-society-v-acit-2024462-itr-216-delhihc\/"},"modified":"2024-09-15T09:48:35","modified_gmt":"2024-09-15T04:18:35","slug":"hydrocarbons-education-and-research-society-v-acit-2024462-itr-216-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hydrocarbons-education-and-research-society-v-acit-2024462-itr-216-delhihc\/","title":{"rendered":"Hydrocarbons Education and Research Society v. ACIT (2024)462 ITR 216 (Delhi)(HC)"},"content":{"rendered":"<p>Allowing the petition the Court held that\u00a0\u00a0 the regular assessment carried out in the assessment year 2018-19, and scrutiny assessment carried out in the assessment year 2020-21, also dealt with the issues which were subject matter of the assessment year\u00a0 for the Assessment year 2019-20. The notice and order is quashed and set side. Court held that\u00a0 the rule of res judicata does not apply to Income-tax, i. e., each assessment year is different. However, the Assessing Officer needs to apply the principle of consistency, before passing the assessment order. Followed, Radhasoami Satsang v.CIT (1992) 193 ITR 321(SC). \u00a0(AY.2019-20)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Res Judicata-Notice on basis of  issues decided favourably in earlier years-Notice and order disposing the objection is quashed. [S.148,  148A(b), 148A(d), 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-46277","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-c2p","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46277","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=46277"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46277\/revisions"}],"predecessor-version":[{"id":46278,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46277\/revisions\/46278"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=46277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=46277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=46277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}