9911796707
TMI Blog2017 (10) TMI 604X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 - - X X X X Extracts X X X X X X X X Extracts X X X X ..... 100% EOU and therefore, the question of issuing notice or assessing the petitioners to tax, on the allegation that they have violated the conditions imposed on 100% EOU, is untenable. Though such a stand has been taken by the petitioners, the petitioners did not respond to the notice dated 12.11.2004, issued by the Assessing Officer, calling upon them to explain as to why, the proposal in their no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted the Assessing Authority therein not pursue action on the notice dated 04.12.2001, merely because the Commissioner has issued circular dated 27.01.2000. However, the Tribunal gave liberty to the Assessing Officer to issue fresh re-assessment notice, if there are reasons to revoke the exemption. In fact, notice issued by the respondent / Assessing Officer dated 12.11.2004 is in consonance with t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ners should be directed to go back to the Assessing Officer and clearly explain their stand as to how the allegation made against them is unsustainable. For that reason, this Court is not inclined to quash the impugned proceedings, but, would direct the petitioners to treat the impugned assessment orders dated 18.04.2005, as show cause notices and submit their objections within a period of fifteen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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