{"id":49631,"date":"2025-01-05T11:10:43","date_gmt":"2025-01-05T05:40:43","guid":{"rendered":"https:\/\/itatonline.org\/digest\/parinee-housing-pvt-ltd-v-dy-cit-mumtribur\/"},"modified":"2025-01-05T11:10:43","modified_gmt":"2025-01-05T05:40:43","slug":"parinee-housing-pvt-ltd-v-dy-cit-mumtribur","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/parinee-housing-pvt-ltd-v-dy-cit-mumtribur\/","title":{"rendered":"Parinee Housing Pvt. Ltd v. Dy. CIT (Mum)(Trib)(UR)"},"content":{"rendered":"<h2>The notice under section 148 along with order passed under section 148A(d) has been issued on 22 July 2022 after obtaining approval of Principal Commissioner of Income-tax, Central-1. The sanction of notice has not been given by the specified authority in accordance with the law existing when sanction was obtained and where the AO has issued the reopening of notice beyond the period of three years, then such notice is invalid and deserves to be quashed. Accordingly, the notice u\/s.148 is quashed and consequently, the entire reopening and re-assessment order is also quashed. (ITA No. 2884\/Mum\/2023 &amp; Co. No. 120\/M\/2023, dt. 09\/05\/2024)(AY. 2017-18)<\/h2>\n","protected":false},"excerpt":{"rendered":"<p>S. 151 : Reassessment \u2013 Sanction for issue of notice \u2013 Beyond three years \u2013 Specified Authority \u2013 Sanction by Principal Commissioner of Income Tax- Reassessment notice and order is bad in law.[S.148, 148A(b), 148A(d), 151(ii)] <\/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-49631","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cUv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49631","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=49631"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49631\/revisions"}],"predecessor-version":[{"id":49632,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49631\/revisions\/49632"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}