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2021 (7) TMI 840 - MADRAS HIGH COURTReopening of assessment u/s 147 - Notice issued beyond the period of limitation - HELD THAT:- In the present case, the initial notice under Section 148 of the Income Tax Act was issued on 31.03.2018, which was despatched on the same day and the cover was franked by the Postal Department on 02.04.2018, in view of the fact that 01.04.2018 was a Sunday, thus, for all purposes, notice was issued for reopening of assessment within the period of limitation for the assessment year 2011-12, and therefore, the respondent is to proceed further in accordance with law by following the procedures contemplated under the Act as well as the directives issued by the Hon'ble Supreme Court of India in the case of GKN Driveshaft (India) Ltd.. [2002 (11) TMI 7 - SUPREME COURT] and such an exercise is directed to be done as expeditiously as possible.
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