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2016 (4) TMI 313 - ALLAHABAD HIGH COURT

2016 (4) TMI 313 - ALLAHABAD HIGH COURT - TMI - 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 th .....

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issued, the proper course of action for the noticee 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 : Kri .....

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in pursuance of the aforesaid notice. (ii) Award 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 .....

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in the reassessment proceedings. We have carefully 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 .....

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