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1998 (3) TMI 9

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..... Prasad, Advocates For the Respondents : Harish N. Salve, Senior Advocate (Ashok Kulkarni and Ms. Rachana Joshi Issar, Advocates) ORDER By order dated November 19, 1996, these special leave petitions have been directed to be placed before the three-judge Bench because it was felt that dissonant views have been expressed by different Benches of this court on the scope and effect of reopening of .....

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..... that was passed on July 16, 1987, after the reopening of the assessment under section 147. On a consideration of the order dated July 16, 1987, we are satisfied that the said assessment order makes a fresh assessment of the entire income of the respondent-assessee and the High Court was, in our opinion, right in proceeding on the basis that the earlier assessment order had been effaced by the sub .....

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