Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (3) TMI 1186 - HC - Income TaxReopening of assessment - block assessment - addition made in respect of bogus purchases - Held that:- Tribunal, after recording a finding to the effect that the order of the Assessing Officer on the point of bogus purchases was fallacious, when in respect of the same purchases the Tribunal has already set aside the addition, it is now not permissible for the Assessing Officer to reopen the assessment in respect of the very same items, the very basis for reopening the assessment is misconceived inasmuch as the same is based upon the very ground, which has been set aside by the Tribunal on the merits in block assessment proceedings - notice, issued by the respondent under section 148 of the Act is hereby quashed and set aside.
|