{"id":50847,"date":"2025-02-08T15:51:23","date_gmt":"2025-02-08T10:21:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/sumeet-kawatra-v-ito-2024-301-taxman-488-delhihc\/"},"modified":"2025-02-26T15:53:00","modified_gmt":"2025-02-26T10:23:00","slug":"sumeet-kawatra-v-ito-2024-301-taxman-488-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/sumeet-kawatra-v-ito-2024-301-taxman-488-delhihc\/","title":{"rendered":"Sumeet Kawatra v. ITO (2024) 301 Taxman 488\/341 CTR  697 \/ 243 DTR  257   (Delhi)(HC)"},"content":{"rendered":"<p>On the basis of\u00a0 information was received that a property was gifted to the assessee by his uncle, namely, Harish Kumar\u00a0 who was brother of father of the assessee. According to the Assessing Officer, a nephew was not a relative within a meaning of explanation (e) to proviso to section 56(2)(vii), the said gift would be taxable in the hands of the assessee done. On the basis of same, a reopening notice was issued upon the assessee. On writ the Court held that\u00a0\u00a0 from the plain language of\u00a0<em>Explanation<\/em>\u00a0(e) to proviso to section 56(2)(vii) that a relative would also include a brother or sister of either of the parents of the individual. In this case, the donor is the brother of the petitioner&#8221;s father and therefore, is covered under the said clause. The fact that the word &#8221;nephew&#8221; has not been mentioned cannot be a reason for proceeding on the basis that uncle or nephew are not relatives within the meaning of\u00a0<em>Explanation<\/em>\u00a0(e) to proviso to section 56(2)(vii).\u00a0 Notice and order is set aside.\u00a0\u00a0 (AY. 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Income from other sources-Gift of property from uncle-Nephew-Relative-Explanation (e) to proviso to section 56(2)(vii) provides that a relative would also include a brother or sister of either of parents of individual-Word &#8216;nephew&#8217; has not been mentioned cannot be a reason for proceeding on basis that uncle or nephew are not relatives within meaning of Explanation (e) to proviso to section 56(2)(vii)-Reassessment notice is quashed. [S. 56(2)(vii), 148, 148A(b) 148Ad),149(1)(b), 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-50847","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-de7","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50847","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=50847"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50847\/revisions"}],"predecessor-version":[{"id":51473,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50847\/revisions\/51473"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}