2024 (7) TMI 661 - SCH - Income Tax

Validity of reopening of assessment - as decided by HC 2023 (1) TMI 1390 - CALCUTTA HIGH COURT reopening of the assessment was bad in law as material already available in the books of accounts have been re-apprised by the assessing officer and notice u/s 148 has been issued - HELD THAT - We are not inclined to interfere with the impugned judgment and hence, the special leave petitions are dismissed.

Summary

The Supreme Court dismissed the special leave petitions without interference with the impugned judgment. Delay was condoned, and pending applications were disposed of.