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TMI Blog2019 (2) TMI 999X X X X Extracts X X X X X X X X Extracts X X X X ..... ANI) 1. Mr. Manish Shah, learned advocate for the petitioner invited the attention of the court to the reasons recorded, to submit that the Assessing Officer on the basis of the record before him which had been produced during the course of scrutiny assessment, seeks to reopen the assessment on the ground that the petitioner had not fulfilled the condition of section 80IB(10) of the Income Tax A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Assessing Officer during the hearing held on 13.10.2014 as well as the audit report in Form 10CCB for assessment year 2012-13. Reference was made to the statement showing the details of buyers of Springwood Residency-I, to point out that the details of all the persons were specifically stated therein and that the Assessing Officer after examining the material produced by the petitioner, upon bein ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssessing Officer having already applied his mind to the applicability of section 80IB of the Act, on the reasons recorded, he seeks to reopen the assessment on a mere change of opinion. 3. Having regard to the submissions advanced by the learned advocate for the petitioner, Issue Notice returnable on 4th February, 2019 By way of ad-interim relief, the respondent is permitted to proceed further pu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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