TMI Blog2016 (3) TMI 1212X X X X Extracts X X X X X X X X Extracts X X X X ..... search proceedings and the consequential notices issued to the Petitioners was the subject matter of WP which was dismissed by this Court [2006 (12) TMI 77 - HIGH COURT, DELHI] and against the said order, SLP was filed by the Petitioners [2016 (4) TMI 1133 - SUPREME COURT], in which notice was issued by the Supreme Court and it was directed that the audit under Section 142 (2A) of the Act may go o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h Mr. Raghvendra Singh, Junior Standing Counsel and Mr. Sharad Agarwal, Advocate. O R D E R 1. It is pointed by Mr. Ajay Vohra, learned Senior counsel for the Petitioners, that the reasons for reopening of the assessments for the three Assessment Years (AYs) 1994-95, 1995-96 and 1996-97 under Section 147/148 of the Income Tax Act 1961 ('Act') refer to the material purportedly re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Court on 5th February, 2007 and it was directed that the audit under Section 142 (2A) of the Act may go on, but no final assessment order shall be passed. It is stated that Civil Appeal No.2667/2007 (arising out of the aforementioned SLP) is likely to be heard finally in the near future. 3. In the present petition, while issuing Rule DB on 16th July 2002, further proceedings under Section 14 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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