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2016 (8) TMI 217 - GUJARAT HIGH COURTReopening of assessment - Held that:- As in the present case on hand, it is quite clear from the record that as and when required, the petitioner assessee has truly and fully supplied all material before the authority and scrutiny assessment has already been undertaken and even during the course of hearing also in details annexures were furnished indicating that the issue pertaining to brokerage as well as commission was forming part of the record and the same has been examined. Therefore, in the background of these facts, the decision relied by the learned counsel for the revenue is of no avail. In the background of aforesaid facts, in the case of hand, we have examined all material facts. The reasons recorded have also been examined by this Court and on the basis thereof, this Court is of the opinion that the impugned action on the part of the respondent authority to issue notice under section 148of the Act initiating reopening of assessment is without authority of law and therefore, requires to be quashed and set aside. - Decided in favour of assessee
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