2024 (9) TMI 34 - SCH - Income Tax

Validity of reopening of assessment - two consecutive notices issued - as decided by High court 2023 (11) TMI 1282 - RAJASTHAN HIGH COURT notices impugned were issued way back on 25.03.2023 and 26.03.2023. The petitioner did not chose to challenge those orders but participated in the proceedings. Notice u/s 143(2) was issued way back on 22.06.2023 followed by notice u/s 142(1) on 21.07.2023, wherein, materials relied upon and the petitioners are also been disclosed to the petitioner. HELD THAT - As petitioner sought permission to withdraw the special leave petition with liberty to approach the High Court by way of a review petition so as to bring to the notice of the High Court the eighteen cases, which are enumerated in para D of pages 7-8 of the memorandum of Special Leave Petition, which are pending consideration before the High Court and in which identical issues have been raised. His submission is placed on record. The Special Leave Petition stands dismissed as withdrawn with the aforesaid liberty.

Summary

The Supreme Court allowed the petitioner to withdraw the special leave petition with liberty to approach the High Court for review. The petition was dismissed as withdrawn with the mentioned liberty.