Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2016 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (9) TMI 860 - GUJARAT HIGH COURTReopening of assessment - Held that:- There is no failure on the part of the petitioner, to fully and truly disclose all material aspects, we have no hesitation to hold that the impugned action in the form of notice under section 148 and order of rejection of petition being not sustainable in the eye of law. Therefore, in view of the aforesaid set of circumstances, we are of the opinion that the said action challenged in the petition is required to be set aside. The petition is allowed to the aforesaid extent and notice under section 148 of the Act as well as order dated 01.07.2011 are quashed and set aside - Decided in favour of assessee.
|