Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2019 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (12) TMI 1469 - HC - Income TaxReopening of assessment u/s 147 - petitioner seeks interim relief - as submitted by assessee initially for the assessment year 2012-2013, the assessment order was passed by the Assessing Authority and on the same material again the Assessing Authority has proceeded to issue a show cause notice under Section 148 - respondent submits that certain materials were not earlier disclosed by the Assessing Authority while passing the first assessment order and the said material came in the light when the fresh notice has been issued by the Assessing Authority by invoking the provisions of Section 148 of the Income Tax Act on the basis of which the order in question has been passed - HELD THAT:- After hearing learned counsel for parties and going through the record, it transpires that the matter needs consideration by this Court, thus, as an interim measure, we provide that the assessment order passed by the Assessing Authority for the assessment year 2012-13 may go on but no final order should be passed till the next date of listing. Learned counsel for the respondents prays for and is granted four weeks' time to file counter affidavit. Two weeks' time thereafter is granted to file rejoinder affidavit.
|