Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2022 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (4) TMI 1230 - HC - Income TaxReopening of assessment u/s 147 - HELD THAT:- On a perusal of the order passed by the learned Judge, it could be seen that there was a mention only about the notice dated 25.01.2001 and subsequent notice dated 16.08.2002 relating to the assessment year 1997-98 and the same were set aside, along with the notice issued u/s 148 for the assessment year 1998-99 by order 31.07.2017. More over, what was challenged in the writ petition is only the notice issued u/s 148. Therefore, taking note of the reasons recorded by the assessing officer coupled with the submissions made by the learned counsel for the appellant, we set aside the order of the learned Judge and remand the matter to the respondent for passing appropriate orders. Since the respondent / assessee is now, in possession of the reasons recorded by the AO it is open to them to file its objections within a period of two weeks from the date of receipt of a copy of this order. AO shall proceed with the matter and pass appropriate orders, on merits and in accordance with law, after providing an opportunity of personal hearing to the respondent, within a period of four weeks.
|