{"id":60319,"date":"2026-06-05T09:27:37","date_gmt":"2026-06-05T03:57:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kalinga-institute-of-industrial-technology-v-acit-2025-483-itr-696-orissahc\/"},"modified":"2026-06-05T09:27:37","modified_gmt":"2026-06-05T03:57:37","slug":"kalinga-institute-of-industrial-technology-v-acit-2025-483-itr-696-orissahc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kalinga-institute-of-industrial-technology-v-acit-2025-483-itr-696-orissahc\/","title":{"rendered":"Kalinga Institute of Industrial Technology. v.ACIT (2025) 483 ITR 696 (Orissa)(HC)"},"content":{"rendered":"<p>Held, that it was an established finding of fact that there was disclosure and a scrutiny assessment was made. Apart from the disclosure, the materials on record did not show anything else as tangible material to substantiate the issuance of the notice. It had to be set aside and quashed. Followed, CIT v. Kelvinator of India Ltd., (2010) 320 ITR 561 (SC); \u00a0(AY.\u00a0\u00a0 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147:  Reassessment-No new tangible material-Reassessment not valid.[S. 148] <\/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_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":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-60319","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fGT","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60319","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=60319"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60319\/revisions"}],"predecessor-version":[{"id":60320,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60319\/revisions\/60320"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=60319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=60319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=60319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}