2020 (2) TMI 1097

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..... .A.P.Srinivas Senior Standing Counsel ORDER The petitioner has challenged notice under Section 148 of the Income Tax Act, 1961 ('Act') dated 27.03.2019 and show cause notice dated 09.12.2019, as well as reasons for re-assessment dated 16.12.2019. 2. This writ petition can be disposed setting forth the procedure for reassessment as stated by the Supreme Court in the case of GKN Driveshaf .....

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..... ceeding with the assessment in respect of the abovesaid five assessment years. 3. The petitioner has filed a return of income for the first time on 27.06.2019 in respect of assessment year 2012-13 after receipt of notice under Section 148. Immediately on receipt of the notice under Section 148, objections appeared to have been filed without seeking reasons. Reasons for re-assessment have been sou .....

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