2002 (11) TMI 7 - SC - Income Tax

Appellant challenging the validity of notices issued under sections 148 and 143(2) - High Court took the view that the appellant could have taken all the objections in its reply to the notices and that at that stage the writ petition was premature Accordingly the writ petition was dismissed - We see no justifiable reason to interfere with the order under challenge

Summary

The Supreme Court dismissed the appeal challenging the validity of notices issued under sections 148 and 143(2) of the Income-tax Act, 1961. The appellant was directed to file objections and the Assessing Officer to pass a speaking order before proceeding with assessment for five assessment years. Appeals against the order of assessment were directed to be disposed of expeditiously. Civil appeals were dismissed with no costs.