2020 (4) TMI 408 - SCH - Income Tax

Reopening of assessment in exercise of powers u/s 153A - Tribunal quashing the order u/s 153A stating that in absence of any incriminating material on issue which has already been examined and finalized in original assessment cannot be reexamined and reopened - HELD THAT - Application seeking exemption from filing certified copy of the impugned order is allowed. Issue notice.

Summary

The Supreme Court of India condoned delay, allowed exemption from filing certified copy of impugned order, issued notice, and tagged the matter with Civil Appeal No. 652 of 2016. Justices involved: Rohinton Fali Nariman and S. Ravindra Bhat.