{"id":31994,"date":"2023-01-16T17:50:09","date_gmt":"2023-01-16T12:20:09","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=31994"},"modified":"2023-01-17T16:14:00","modified_gmt":"2023-01-17T10:44:00","slug":"reassessment-proceedings-u-s148-on-the-basis-of-non-payment-towards-ids-declaration","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/reassessment-proceedings-u-s148-on-the-basis-of-non-payment-towards-ids-declaration\/","title":{"rendered":"Reassessment proceedings U\/s148 on the basis of non payment towards IDS declaration"},"content":{"rendered":"<p><em>Assessee is an individual.\u00a0 assessee filed the declaration under IDS for A.Y. 2012-13 in respect of undisclosed income. In the said declaration assessee showing nature of undisclosed income as cash. Assesse not deposit the subsequent tax instalment of IDS accordingly such IDS declaration considered as invalid . <\/em><\/p>\n<p><em>AO has issued the Notice U\/s 148 on 30.03.2019 on the direction of PCIT on the ground assessee has not paid the taxes under the IDS declaration and therefore the income disclosed in the IDS for A.Y. 2012-13.<\/em><\/p>\n<p><em>whether the action of AO for reopening the\u00a0 the assessment for A.Y 2012-13 and considering the income disclosed in IDS, for which PCIT directed to take action \u00a0is justified ? Please Guide<\/em><\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[428,136],"class_list":["post-31994","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-ids-declaration","qa_tag-reassessment"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/31994","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=31994"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=31994"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=31994"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=31994"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=31994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}