2016 (1) TMI 1421

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..... ollowing substantial question of law : 1 Whether the ITAT is justified in law as well as on facts in holding that reopening of the assessment under section 147 and 148 of the Act is bad in law and cannot be sustained and thereby further holding that the reassessment orders are required to be cancelled? 2. Whether the ITAT is justified in law as well as on facts in dismissing the appeal file .....

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..... ibunal relied on decision of Division Bench of this Court in case of Futura Ceramics Pvt. Ltd. v. State of Gujarat, order dated 20.12.2012 in Special Civil Application No.6500/2012 to hold that the Assessing Officer could not have reopened the assessments on such grounds. Counsel submitted that the judgement of the High Court was rendered in entirely different background where the Value Added Tax .....

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