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2009 (12) TMI 286 - HC - Income TaxReassessment- The assessment of the petitioner for the assessment years 2003-04 and 2004-05 were reopened by issuing notices under section 148 of the Act. On writ petitions questioning the correctness of the issuance of the notices contending that the authorities erroneously issued the notices on the basis of audit objection raised in respect of some of the assessment. Held that- dismissing the petition, that the petitioner after receiving the notices had appeared before the Assessing Officer and obtained further time to submit explanation. The matter was posted for further hearing. Therefore, the court would not interfere with the notices which had called upon the petitioner to give explanation. The court granted one week time to the petitioner to file a detailed explanation before the Assessing Officer. The authorities were directed not to pass final order till then.
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