Home Case Index All Cases Income Tax Income Tax + SCH Income Tax - 2023 (5) TMI SCH This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (5) TMI 639 - SCH - Income TaxReopening of assessment u/s 147 - reopening beyond period of four years - change of opinion - HELD THAT:- In the peculiar facts and circumstances of the present case and considering the fact that a similar Special Leave Petition in Assistant Commissioner of Income Tax, Circle 6 (2) (1), Mumbai & Ors. vs. CEAT Ltd. [2023 (1) TMI 73 - SC ORDER] having found that all the conditions required for re-assessment of the assessment of four years are not satisfied, we see no reason to interfere with the impugned judgment and order passed by the High Court in exercise of powers under Article 136 of the Constitution of India. The Special Leave Petition stands dismissed.
|