TMI Blog2022 (11) TMI 1269X X X X Extracts X X X X X X X X Extracts X X X X ..... r available on the website. The reason put forth by the other side is possibly because on 08.03.2022 the Court granted the interim order in favour of the petitioner. Not only the issue of disposal of objection has been put to the rest, but, ultimately, the assessment has been framed where no addition has been made to the income which has thus favoured the petition. The cause of the petition theref ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in relation to a penny stock, the respondent has a reason to believe that income of Rs. 79,88,004/- has escaped the assessment. 2.1. The petitioner raised the objection on 27.01.2022 requesting the respondent to drop the reassessment proceeding initiated for the year under consideration. 3. The petitioner chose to approach this Court on 05.03.2022 apprehending that the respondent since has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8.03.2022 passed the following order:- We have Mr. Tushar Himani, the learned senior counsel assisted by Ms. Vaibhavi Parikh, the learned counsel appearing for the writ applicant. Let Notice be issued to the respondents returnable on 26.04.2022. Let there be ad interim order in terms of para 7 (b). The respondent No.2 shall be served by Email. Direct service is permitted qua respo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... relation to the very assessment year. The total income of the assessee is computed as nil. This, according to learned counsel, is no longer available on the website. The reason put forth by the other side is possibly because on 08.03.2022 the Court granted the interim order in favour of the petitioner. Not only the issue of disposal of objection has been put to the rest, but, ultimately, the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X
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