Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

M/s. Parvarish Tex Products Pvt. Ltd. Versus Union of India Thru' Secry. Finance And Another

2016 (4) TMI 313 - ALLAHABAD HIGH COURT

Reopening of assessment - Held that:- It is undisputed that pursuant to the notices dated 25 November 2013 and 4 October 2013 issued by the Assessing Officer annexing therewith the reasons, the assessee submitted objection dated 19 November 2013 (Annexure-8) in which the details of interest received from various persons and the interest income disclosed in the tax return for the assessment year 2008-09 have been mentioned It has also been stated that there is no suppression as alleged in the not .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

cee is to file return and if he so desires, to seek reasons for issuing notices. The Assessing Officer is bound to furnish reasons within a reasonable time. On receipt of reasons, the noticee is entitled to file objections to issuance of notice and the Assessing Officer is bound to dispose of the same by passing a speaking order. - Writ Tax No. - 117 of 2014 - Dated:- 28-3-2016 - Dilip Gupta And Surya Prakash Kesarwani, JJ. For the Petitioner : Krishna Dev Vyas, S. D. Singh For the Respondent : .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

d cost of this petition to the petitioner. (iii) Pass such other and further writ, order or direction in favour of the petitioner, as this Hon'ble court may deem fit and proper in the circumstances of the case." Sri S.D. Singh learned Senior Counsel for the petitioner submits that the rejection of the objections by order dated 7 February 2014 passed by the Assistant Commissioner, Income Tax Officer, Kanpur on the ground that the objections to the notice under Section 148 of the Income T .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

lly considered the submissions advanced by the learned counsel for the parties. It is undisputed that pursuant to the notices dated 25 November 2013 and 4 October 2013 issued by the Assessing Officer annexing therewith the reasons, the assessee submitted objection dated 19 November 2013 (Annexure-8) in which the details of interest received from various persons and the interest income disclosed in the tax return for the assessment year 2008-09 have been mentioned It has also been stated that the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version