{"id":63346,"date":"2026-07-31T16:41:24","date_gmt":"2026-07-31T11:11:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rungta-irrigation-ltd-v-asst-cit-2025-127-itr-169-kol-trib\/"},"modified":"2026-07-31T16:41:24","modified_gmt":"2026-07-31T11:11:24","slug":"rungta-irrigation-ltd-v-asst-cit-2025-127-itr-169-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rungta-irrigation-ltd-v-asst-cit-2025-127-itr-169-kol-trib\/","title":{"rendered":"Rungta Irrigation Ltd. v. Asst. CIT (2025) 127 ITR 169 (Kol.)(Trib.)"},"content":{"rendered":"<p>The Principal Commissioner accorded approval for reopening by merely recording, &#8220;Yes, I am satisfied and may be reopened.&#8221; The Tribunal held that the use of the word &#8220;may&#8221; reflected lack of a definitive direction and showed absence of proper application of mind. Such casual approval did not satisfy the requirement of section 151. The reassessment proceedings were, therefore, quashed. (AY. 2012-13 to 2015-16).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 151 : Reassessment-Sanction for issue of notice-Approval under section 151 recording &#8220;Yes, I am satisfied and may be reopened&#8221;-Mechanical approval-Without independent satisfaction-Reassessment invalid.[S. 147, 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_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21,1],"tags":[],"class_list":["post-63346","post","type-post","status-publish","format-standard","hentry","category-income-tax-act","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gtI","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63346","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=63346"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63346\/revisions"}],"predecessor-version":[{"id":63347,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63346\/revisions\/63347"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=63346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=63346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=63346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}