2020 (2) TMI 1097

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..... tice u/s 148. Immediately on receipt of the notice under Section 148, objections appeared to have been filed without seeking reasons. Reasons for re-assessment have been sought only on 16.12.2019 and furnished on the same date. Thus, in line with the procedure set out by the Supreme Court in GKN DRIVESHAFTS (INDIA) LTD. [ 2002 (11) TMI 7 - SUPREME COURT] , the petitioner is permitted to file his .....

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..... sessment dated 16.12.2019. 2. This writ petition can be disposed setting forth the procedure for reassessment as stated by the Supreme Court in the case of GKN Driveshafts (India) Ltd. vs. Income Tax Officer and Others (259 ITR 19) as follows: 4. We see no justifiable reason to interfere with the order under challenge. However, we clarify that when a notice under Section 148 of the In .....

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..... t of notice under Section 148. Immediately on receipt of the notice under Section 148, objections appeared to have been filed without seeking reasons. Reasons for re-assessment have been sought only on 16.12.2019 and furnished on the same date. Thus, in line with the procedure set out by the Supreme Court, the petitioner is permitted to file his objections to the assumption of jurisdiction within .....

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