{"id":59605,"date":"2026-04-17T12:23:24","date_gmt":"2026-04-17T06:53:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/si-property-kerala-p-ltd-v-cit-2025-306-taxman-44-ker-hc\/"},"modified":"2026-04-17T12:23:24","modified_gmt":"2026-04-17T06:53:24","slug":"si-property-kerala-p-ltd-v-cit-2025-306-taxman-44-ker-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/si-property-kerala-p-ltd-v-cit-2025-306-taxman-44-ker-hc\/","title":{"rendered":"SI Property (Kerala) (P.) Ltd. v. CIT (2025) 306 Taxman 44 (Ker.)(HC)"},"content":{"rendered":"<p>The reopening of the assessment was initiated on the basis of a\u00a0<strong>survey conducted under section 133A<\/strong><strong>,<\/strong> during which it was alleged that the assessee had not properly capitalised self-constructed units and had incorrectly claimed depreciation on computer software. However, the Court noted that during the\u00a0<strong>original scrutiny assessment under section 143(3)<\/strong><strong>,<\/strong> the Assessing Officer had specifically called for details. The assessee had furnished all the relevant details and had duly responded to the queries raised. In these circumstances, the Court held that there was\u00a0<strong>no justification for reopening the assessment<\/strong><strong>,<\/strong> as the reassessment proceedings were founded on the\u00a0<strong>same material<\/strong>\u00a0that had already been examined during the original assessment. Such reopening amounted to a\u00a0<strong>mere change of opinion<\/strong><strong>,<\/strong> which is impermissible. Further, the Court observed that the\u00a0<strong>failure of the Assessing Officer to pass a speaking order while disposing of the objections<\/strong>\u00a0could not, by itself, be considered fatal in the absence of any\u00a0<strong>serious prejudice<\/strong> having been demonstrated by the assessee.\u00a0<em>(AY.\u00a0 2007-08)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-With in four years-Change of opinion-Depreciation-Survey-Examined during the original assessment proceedings-Reassessment not valid-Omission to pass a speaking order on receipt of objections cannot be considered as fatal.[S. 133A,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-59605","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fvn","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59605","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=59605"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59605\/revisions"}],"predecessor-version":[{"id":59606,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59605\/revisions\/59606"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}