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2018 (9) TMI 1045 - KARNATAKA HIGH COURTReopening of assessment - the reassessment proceedings were initiated against the petitioner- company for Assessment Year 2000-01 under Sections 147/148 of the Act by issuance of Notice vide Annexure ‘A’ dated 19.12.2007 to which the Assessee filed its objections on 23.01.2008 vide Annexure ‘D’ which objections were however rejected by the Assessing Authority vide Annexure ‘B’ on 19.02.2008 and aggrieved by the same, the Assessee preferred this writ petition. Held that:- A Co-ordinate Bench of this Court had stayed the further proceedings vide order dated 28.07.2008, which interim order was extended from time to time and is still continuing. In view of our aforesaid judgment rendered in connected ITAs as quoted above, the present writ petition is disposed of with a liberty to the asses sing authority to undertake the said reassessment proceedings now and leaving it free for the Assessee to raise the objections within the parameters of interpretation given by us vide aforesaid Judgment quoted above before the said Assessing Authority in accordance with law.
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