2002 (4) TMI 22 - HC - Income Tax

By way of this petition, the petitioner has challenged the reassessment under section 147(a) of the Income-tax Act, 1961, and the issuance of notice under section 148 of the Act on the ground that there was no material before the Department for coming to the conclusion that the matter required reassessment. It is submitted by counsel for the petitioner that because of this writ petition, the proceedings in appeal were stayed by the Commissioner of Income-tax (Appeals) and he will be satisfied in case a direction is given to the Commissioner of Income-tax (Appeals) to decide this appeal within the time fixed by this court. - since the appeal is pending for quite some time, I deem it appropriate to issue directions to the Commissioner of Income-tax (Appeals) to decide the same within the time given by this court - I dispose of this petition with a direction to the Commissioner of Income-tax (Appeals) to decide the appeal filed by the petitioner within four months from today.

Summary

The petitioner challenged reassessment under section 147(a) of the Income-tax Act, 1961. The High Court did not interfere with the reassessment order but directed the Commissioner of Income-tax (Appeals) to decide the appeal within four months.