2015 (12) TMI 1530 - HC - Income Tax

Issue of notice - Held that - Insofar as the assessment year 2015-16 is concerned, there is no notice under Section 143(2) of the Income Tax Act, 1961, which has been issued to the petitioner/assessee till date. In these circumstances, the return for the assessment year 2015-16 ought to be processed at the earliest. Insofar as the other assessment years are concerned, the assessment proceedings be expedited and we hope that before the next date of hearing, the assessment orders are passed insofar as the assessment years 2013-14 to 2014-15 are concerned.

Summary

The Delhi High Court issued an order for the assessment year 2015-16, noting the absence of a notice under Section 143(2) of the Income Tax Act, 1961. The court directed the processing of the return for that year promptly and expedited assessment proceedings for other years (2013-14 to 2014-15) to have assessment orders passed before the next hearing date.