2014 (3) TMI 1194 - HC - Income Tax

Validity of assessment u/s 153A/153C - HELD THAT - Issue notice. Notice is accepted by the learned counsel appearing on behalf of all the respondents. The counter affidavit be filed within six weeks. The rejoinder affidavit, if necessary, be filed within two weeks thereafter. Renotify on 14.07.2014. In the meanwhile, the assessments may be concluded and orders may be passed, however, the same shall be subject to final orders in these writ petitions.

Summary

The Delhi High Court allowed exemptions subject to exceptions in multiple cases. Notices were issued for respondents to file counter affidavits within six weeks. Assessments may proceed but are subject to final orders in the writ petitions.