2023 (3) TMI 1361 - HC - Income Tax

Reopening of assessment u/s 147 - HELD THAT - As in light of the Assessment Order passed under Section 147 read with section 144B of the Income Tax Act 1961 the present petition has become infructuous in which the assessment is nil. In that view the present petition would not survive and accordingly this petition is disposed of as infructuous as per the statement made by the learned advocate for the petitioner. Notice is discharged. Interim relief granted stands vacated.

Summary

The Gujarat High Court disposed of a petition as infructuous due to a nil assessment order dated 23.03.2022 under the Income Tax Act, 1961. The petitioner's advocate stated the petition would not survive. Interim relief granted was vacated.