Avintis Pharma Ltd. and Anr. v. the Assistant Commissioner of Income Tax 8(1), Mumbai and 2 Ors.
Case brief
What is this about?
High Court of Bombay, in Writ Petitions 389 and 390 of 2006, directed the Respondent to provide reasons for notice issued under Section 147 of the Income Tax Act. The Court also allowed Objections liability from reopening assessment, clarifying the criteria and conditions for granting relief where the notice is unreasonable or non-compliant with legal requirements. The judgment does not provide de
What did the court decide?
Directed the Respondent to provide reasons for the notice under Section 147 of the Income Tax Act and file responses within two weeks.