2023 (5) TMI 1257

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..... irected mainly on the issuance of shares by the present petitioner - HELD THAT:- Merely because an audit objection may have been received as to the manner in which the assessment order came to be written may not be enough to reach conclusion of escapement in assessment. Thus, it has been submitted, reassessment proceedings in the present case has been initiated on a simple change of opinion, over .....

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..... d mainly on the issuance of shares by the present petitioner. Relying on the notice issued and replies furnished in those assessment proceedings, it has been submitted, the issue had been dealt with, threadbare. 3. Merely because an audit objection may have been received as to the manner in which the assessment order came to be written may not be enough to reach conclusion of escapement in asse .....

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