{"id":56908,"date":"2025-09-26T13:17:19","date_gmt":"2025-09-26T07:47:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/venky-steels-pvt-ltd-v-cit-2025-475-itr-148-304-taxman-597-sc-editorial-venky-steels-p-ltd-v-cit2024-301-taxman-344-2025-475-itr-111-pathc\/"},"modified":"2025-09-26T13:17:19","modified_gmt":"2025-09-26T07:47:19","slug":"venky-steels-pvt-ltd-v-cit-2025-475-itr-148-304-taxman-597-sc-editorial-venky-steels-p-ltd-v-cit2024-301-taxman-344-2025-475-itr-111-pathc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/venky-steels-pvt-ltd-v-cit-2025-475-itr-148-304-taxman-597-sc-editorial-venky-steels-p-ltd-v-cit2024-301-taxman-344-2025-475-itr-111-pathc\/","title":{"rendered":"Venky Steels Pvt. Ltd v. CIT (2025) 475 ITR 148 \/ 304 Taxman 597 (SC) Editorial : Venky Steels (P.) Ltd. v. CIT(2024) 301 Taxman 344 \/(2025) 475 ITR 111 (Pat)(HC)"},"content":{"rendered":"<p>High Court dismissed the writ petition against a notice of reassessment holding that the Commissioner had \u00a0read the reasons recorded by the Assessing Officer to believe that income had escaped assessment, and by a written order under section 151 of the Income-tax Act, 1961, had stated that he was satisfied on the basis of reasons recorded that this was a fit case for issue of notice under section 148, and that there was no reason to interfere with the notice issued under section 148. SLP of assessee dismissed. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 151 : Reassessment-Sanction for issue of notice \u2013Recording of satisfaction-Sanction was valid.[S. 148, Art. 136] <\/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-56908","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eNS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/56908","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=56908"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/56908\/revisions"}],"predecessor-version":[{"id":56909,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/56908\/revisions\/56909"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=56908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=56908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=56908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}