2018 (10) TMI 1496

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ns of the Hon’ble Apex Court in the case of GKN Driveshafts (India) Ltd. vs ITO (2002 (11) TMI 7 - SUPREME COURT] and it made the reassessment illegal and invalid and on an inquiry from the Bench, AR had no objection to the file being restored to the office of the Assessing Officer with a direction to dispose of the objections of the assessee against reassessment proceedings. DR also had no object .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... year 2000-01. The appeal is against the action of the ld. CIT(A) in upholding the reassessment proceedings completed u/s 144/147 of the Income Tax Act, 1961 (hereinafter referred to as the Act ). 2. At the outset, the ld. AR submitted that the assessee had objected to the initiation of the reassessment proceedings before the Assessing Officer but the Assessing Officer had not disposed of the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d. vs ITO (2003) 259 ITR (SC) and it made the reassessment illegal and invalid. On an inquiry from the Bench, the ld. AR had no objection to the file being restored to the office of the Assessing Officer with a direction to dispose of the objections of the assessee against reassessment proceedings. Ld. Sr. DR also had no objection if the Assessing Officer was directed to dispose of the objections .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X