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2016 (11) TMI 1374 - HC - Income TaxValidity of re-oping of assessment - Held that:- Considering the documents on record it appears that the objections are raised against reopening by M/s. Accurate Finstock Pvt. Ltd. through its Authorized Signatory (which according to the petitioner is not in existence). Nothing is on record that the petitioner had raised any objection pointing out the aforesaid aspects. Under the circumstances, let the petitioner raise a specific objection pointing out the aforesaid facts to the Assessing Officer and it is directed that if such objection is raised within a period of one week from today, the same may be considered by the concerned Assessing Officer within a period of 10 days thereafter and if by assigning the reasons the Assessing Officer still is of the opinion that the impugned notice is not required to be quashed and set aside on the aforesaid ground or any other ground, in that case, the Assessing Officer may not proceed further with the reassessment for a period of two weeks from passing of such order which may be communicated to the petitioner forthwith.
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