{"id":15799,"date":"2021-03-19T12:16:48","date_gmt":"2021-03-19T06:46:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vishwas\/force-of-faq\/"},"modified":"2021-03-20T07:59:50","modified_gmt":"2021-03-20T02:29:50","slug":"force-of-faq","status":"publish","type":"vishwas","link":"https:\/\/itatonline.org\/digest\/vishwas\/force-of-faq\/","title":{"rendered":"Force of FAQ"},"content":{"rendered":"<p>1.There is no direct search in case of our client<br \/>\n2.However the reassessment has arisen from the Search Action in some other case as specified in the order u\/s 143[3] RW 147 of our client case<br \/>\n3.The DTVSVS Application was filed in Mar 2020<br \/>\n4.The Form 3 dated 11.3.2021 issued by Principal CIT states amount payable is calculated at 125% as against 100% of disputed tax as computed by the assessee &#8211; as per FAQ 70, of circular F.No.IT(A)\/1\/2020-TPL , dated 04.12.2020 as the case of taxpayers w as based on search executed in some other tax payer&#8217;s case.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1.There is no direct search in case of our client 2.However the reassessment has arisen from the Search Action in some other case as specified in the order u\/s 143[3] RW 147 of our client case 3.The DTVSVS Application was filed in Mar 2020 4.The Form 3 dated 11.3.2021 issued by Principal CIT states amount payable is calculated at 125% as against 100% of disputed tax as computed by the assessee &#8211; as per FAQ 70, of circular F.No.IT(A)\/1\/2020-TPL , dated 04.12.2020 as the case of taxpayers w as based on search executed in some other tax payer&#8217;s case.<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/vishwas\/force-of-faq\/\">read more<\/a><\/p>","protected":false},"comment_status":"open","ping_status":"closed","template":"","tags":[],"expertname":[6],"class_list":["post-15799","vishwas","type-vishwas","status-publish","hentry","expertname-dr-k-shivaram-sr-advocate"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas\/15799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/vishwas"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=15799"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15799"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15799"},{"taxonomy":"expertname","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/expertname?post=15799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}