Income Tax Assessment Can’t Be Reopened Without Any Foundation: Gujarat High Court
Live LawThe Gujarat High Court has held that when the foundation was missing, there could not have been the erection of ground to seek reopening of assessment.The bench of Justice N.V. Anjaria and Justice Devan M. Desai has observed that neither foundational facts existed nor could any tangible material be available with the assessing officer to justify the exercise of power to reopen the. The bench of Justice N.V. Anjaria and Justice Devan M. Desai has observed that neither foundational facts existed nor could any tangible material be available with the assessing officer to justify the exercise of power to reopen the assessment. The petitioner/assessee challenged the notice dated March 30, 2018, issued by the assessing officer against the petitioner under Section 148 of the Income Tax Act, 1961, seeking to reopen the assessment. Case Title: Bimlakumari Lajpatraj Hurra Versus Income Tax Officer Case Citation: 2023 Livelaw 76 Date: 17/04/2023 Counsel For Petitioner: Darshan R Patel Counsel For Respondent: Karan Sanghani