Tribunal admitted the issue of reassessment raised by orally in the appeal filed by the Revenue against the deletion of addition on merits. Reassessment is quashed on change of opinion.\u00a0 \u00a0The Tribunal held that the Respondent can raise the issue of validity of reassessment in an appeal filed by the Revenue. The issue can be raised by the Authorised representative orally at the time of hearing.\u00a0\u00a0\u00a0 Rule\u00a0 27 of the ITAT Rules, 1963, does not propose raising the objection in writing, the assessee-respondent is well within his right to raise the same orally. Referred, Peter Vaz v. CIT (2021) 322 CTR\u00a0 121,204 DTR\u00a0 376 (Bom)(HC), CIT v Dehati Co-operative Marketing-cum-Processing Society (1979) 9 CTR\u00a0 32 3,\u00a0 (1981) 130 ITR 504 (P&H)(HC)\u00a0\u00a0 Sanjay Sawhney v. PCIT (2020) 316 CTR\u00a0 392,\u00a0 192 DTR 105 (Delhi)(HC) (AY.\u00a0 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 254(1): Appellate Tribunal-Powers-Cross objection-Performance guarantee-Deposit-Jurisdictional issue-Ground raised orally-Validity of reassessment-Respondent can raise the issue orally-CIT(A) deleted the addition on merits-Revenue appeal-The Respondent can raise the grounds of validity of reassessment-Rule 27 of the ITAT Rules, 1963, does not propose raising the objection in writing-The respondent is well within his right to raise the ground orally-Reassessment is quashed on change of opinion. [S. 37, 69, 147, 148, ITAT R.1963, 27] <\/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-52670","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dHw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52670","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=52670"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52670\/revisions"}],"predecessor-version":[{"id":52671,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52670\/revisions\/52671"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=52670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=52670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=52670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}