Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2015 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (1) TMI 475 - PUNJAB & HARYANA HIGH COURTBlock assessment - Whether was not barred by time? - whether assessee had not been afforded a reasonable opportunity of hearing during the assessment proceedings? Held that:- The Tribunal has rightly held that the assessment cannot be said to be barred by limitation relying upon a judgment of T.O.Abrahim & Co. versus Assistant Director of Income Tax (Investigation) and others, (1998 (6) TMI 53 - KERALA High Court). - Decided against the assessee. The Tribunal has rightly while holding that adequate opportunity was not provided to assessee, remanded the matter to the Assessing Officer for adjudication afresh. We are unable to infer any prejudice that may have been caused to the assessee as the assessee's argument of lack of adequate opportunity was accepted. The assessment order was, therefore, rightly set aside and the matter was remitted to afford adequate opportunity to the assessee to put forth its case. - Decided against the assessee.
|