2015 (1) TMI 882 - SCH - Income Tax

Validity of Notice for reopening of assessment - Held that - Appeal decided in favour of asssessee by High Court 2014 (4) TMI 479 - GUJARAT HIGH COURT stating additions sought to be made by the assessing officer through the process of reopening of the assessment previously closed after scrutiny has not been approved by the Court. SLP dismissed in view of the Dy. CIT v. Gujarat Narmada Valley Fertilizers Co. Ltd. 2015 (1) TMI 835 - SUPREME COURT - Decided against revenue.

Summary

The Supreme Court of India dismissed the Special Leave Petition in reference to High Court SCA No. 25090/2006 (2014 (4) TMI 479 - Gujarat High Court). The delay was condoned, and the decision was based on a previous order dated 4th July, 2014 in a related case.