Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (11) TMI 447 - AT - Income TaxReopening of assessment u/s 147 - Non disposal of dispose off/adjudicate objection of the assessee - HELD THAT:- The legal contention raised by the Ld. Counsel for the assessee is squarely covered in favour of the assessee before the judgement of Hon’ble Supreme Court in the case of GKN Driveshafts (India) Ltd. [2002 (11) TMI 7 - SUPREME COURT] and judgement of Hon’ble Delhi High Court in the case of Ferrous Infrastructure (P.) Ltd. [2015 (5) TMI 871 - DELHI HIGH COURT] as the AO failed to dispose off/adjudicate objection of the assessee vide letter dated 10.10.2017 to the re-opening of the assessment therefore, notice u/s 148 of the Act dated 30.03.2017, the impugned reassessment order u/s 147/144 and all proceedings and orders in pursuance to the said notice and reassessment order are quashed. Legal Ground Nos. 1 & 2 raised by the assessee are allowed.
|