Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2014 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (1) TMI 397 - HC - Income TaxValidity of reassessment proceedings - Held that:- A perusal of the earlier order of the Tribunal indicate that no ground was raised challenging re-assessment proceeding - The order of the Tribunal in allowing the appeal was confined to limited issues, which were permitted for reconsideration - The Tribunal has correctly not permitted the appellant to raise the issue after ten years - Subsequent assessment proceeding could not have gone beyond the issues permitted for consideration, for other issues matter had been closed - Challenging the re-assessment proceeding after more than ten years and asking for supply the ground after ten years has rightly not been permitted by the Tribunal - Challenge to re-assessment proceeding ought to have been taken immediately when the assessment was drawn - Neither in the first appeal nor in the appeal before the Tribunal any such ground was taken challenging the re-assessment proceeding - Decided against assessee.
|