2017 (2) TMI 1454 - HC - Income Tax

Reassessment proceeding - HELD THAT - Appeal is admitted on the following substantial questions of law (a) Whether under the facts and circumstances of the case the ld. Tribunal was justified in not declaring the reassessment proceedings and the consequential assessment order passed thereto as nullity? (b) Whether under the facts and circumstances of the case the ld. Tribunal has not committed grave legal error in setting aside the entire quantum proceedings?

Summary

The High Court of Rajasthan admitted the appeal based on substantial questions of law regarding the reassessment proceedings and quantum proceedings. The court issued notice to the respondent.