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TMI Blog2019 (1) TMI 2053X X X X Extracts X X X X X X X X Extracts X X X X ..... t has to be quashed for the reason of non-disposal of objections for the re-opening of assessment by the Assessing Officer. A similar view was taken in the case Arvind Mills Ltd 2004 (8) TMI 97 - GUJARAT HIGH COURT] and Bayer Material Science Pvt. Ltd. [ 2016 (3) TMI 179 - BOMBAY HIGH COURT] , Thus, we quash the assessment as bad in law. There is no whisper in the reasons recorded that the assesse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7-08. 2. The assessee is an individual and filed its return of income on 25/10/2007, for the Assessment Year 2007-08, declaring income of Rs. 23,50,580/-, notice for re-opening of the assessments u/s 147 of the Act, was issued to the assessee on 22/09/2011 u/s 148 of the Act. The assessee sought reasons for reopening which was given to the assessee. On 30/11/2012, objections were filed on the assu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. 2502 of 2015; judgment dt. 27/01/2016 (Bom. H.C.). 3.1. Consistent with the view taken therein, I quash the assessment as bad in law. 4. Even otherwise, I find that there is no whisper in the reasons recorded that the assessee has failed to truly and fully disclose all material facts required for the purpose of assessment though, the original assessment was done u/s 143(3) of the Act, and the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on 29-3-2004, Assessing Officer issued notice under section 148, giving reason that it had come to his notice that assessee had taken accommodation entries from 'H' during relevant year and, thus, he had reason to believe that assessee's income to that extent had escaped assessment - Whether when assessee, in course of original assessment proceedings, had supplied all relevant details ..... X X X X Extracts X X X X X X X X Extracts X X X X
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