2018 (8) TMI 679 - SCH - Income Tax

Validity of reopening of assessment - objections by the petitioner against the reopening rejected - Held that - In our view, the interest of the appellant is adequately protected and, therefore, it is not necessary to interfere with the order of the High Court in exercise of our power under Article 136 of the Constitution. The appeals are accordingly dismissed.

Summary

The Supreme Court dismissed the appeal, upholding the High Court's order to remit the case to the Assessing Officer to address objections to the validity of the notice under Section 148 of the Income Tax Act before reassessment. The appellant can raise all issues before the Commissioner of Income Tax (Appeals) for determination.