Reasons for notice for Reassessment ::
Court :
HC
Brief :
Held by hon"ble court that section 148 is silent regarding communication of reasons of notice. However, if reasons are supplied along with the notice it will save assessee from unnecessary harassment and Deptt. from unnecessary litigation. Also, it will be in accordance with principles of natural justice to communicate reasons along with notice.
Citation :
Mithlesh Kumar Tripathi Vs. C.I.T. & Others
Reasons for notice for Reassessment
Mithlesh Kumar Tripathi Vs. C.I.T. & Others 11/8/2005
(2006) 280 ITR 16 (All)
Case Fact: Whether it is required u/s 148 that reasons for notice should be sent along with notice for reassessment.
Decision: Held by hon"ble court that section 148 is silent regarding communication of reasons of notice. However, if reasons are supplied along with the notice it will save assessee from unnecessary harassment and Deptt. from unnecessary litigation. Also, it will be in accordance with principles of natural justice to communicate reasons along with notice.
CA.Saibaburao Nanduri
Published in Income Tax
Views : 63
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