2017 (4) TMI 924 - SCH - Income Tax

Validity of reopening of assessment - notice issued to non existent company - HC 2016 (12) TMI 872 - GUJARAT HIGH COURT held the impugned notices issued against the non existent Company, cannot be sustained and the same deserves to be quashed and set aside - Held that - After having heard for quite sometime, the learned Senior Counsel appearing for the petitioner(s) sought permission to withdraw the special leave petitions in order to pursue the matter upto Income Tax Appellate Tribunal after completion of the assessment. Permission is granted. Special Leave Petitions are, accordingly, dismissed as withdrawn.

Summary

The Supreme Court dismissed the Special Leave Petitions as withdrawn after the petitioner sought permission to pursue the matter up to the Income Tax Appellate Tribunal after completion of the assessment. Permission was granted for withdrawal.