{"id":56693,"date":"2025-09-20T10:47:20","date_gmt":"2025-09-20T05:17:20","guid":{"rendered":"https:\/\/itatonline.org\/digest\/experion-hospitality-pvt-ltd-v-ito-2025-474-itr-358-delhihc\/"},"modified":"2025-09-20T10:47:20","modified_gmt":"2025-09-20T05:17:20","slug":"experion-hospitality-pvt-ltd-v-ito-2025-474-itr-358-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/experion-hospitality-pvt-ltd-v-ito-2025-474-itr-358-delhihc\/","title":{"rendered":"Experion Hospitality Pvt. Ltd v. ITO (2025) 474 ITR 358 (Delhi)(HC)"},"content":{"rendered":"<p>The Department issued notices under section 148 on the basis that a Singapore entity had invested in the assessee. The Department had earlier accepted similar transactions in later assessment years including scrutiny in which the foreign entity&#8217;s income was assessed. Given acceptance of the transactions and the absence of material factual differences, the High Court quashed the reassessment notices and proceedings.(AY. 2008\u201109, 2011\u201112)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.147: Reassessment-After the expiry of four years-Share capital-Parent company-Source explained-Re assessment notice and order disposing objection quashed..[S. 68, 143(1), 143(3), 148, 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-56693","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eKp","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/56693","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=56693"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/56693\/revisions"}],"predecessor-version":[{"id":56694,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/56693\/revisions\/56694"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=56693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=56693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=56693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}