{"id":22737,"date":"2021-11-18T19:50:46","date_gmt":"2021-11-18T14:20:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=22737"},"modified":"2021-11-19T08:22:19","modified_gmt":"2021-11-19T02:52:19","slug":"reassessment-u-sec-147","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/reassessment-u-sec-147\/","title":{"rendered":"Reassessment u\/sec. 147"},"content":{"rendered":"<p>Assessee firm Made a declaration under IDS 2016 disclosing regular income for AY 2016-17. However, could not make payment 3rd installment.\u00a0 On the basis of invalid declaration of IDS , 147 notice for AY 2016-17 was issued and assessment was\u00a0 completed by considering the income declared under IDS -2016. Assessee filed an appeal against the said order and since appeal was pending , opted for VSVS and complied with all conditions and also received form 5.<\/p>\n<p>Again notice u\/sec 147 is issued on 31.03.2020 for AY 2017-18 on the ground of invalid IDS declaration.<\/p>\n<p>Whether action of AO is justified by taxing same income for AY 2016-17 and 2017-18.<\/p>\n<p>What is remedy for this situation.<\/p>\n<p>Please guide .<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[139],"qa_category":[23],"qa_tag":[409,434,136,293],"class_list":["post-22737","qa","type-qa","status-publish","hentry","qa_expert-research-team","qa_category-income-tax","qa_tag-ids","qa_tag-notce","qa_tag-reassessment","qa_tag-reassessment-notice"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/22737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=22737"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22737"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=22737"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=22737"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=22737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}