Petitioner partially successful in challenging assessment notice for 2011-12. Assessing Officer can proceed; final order needs court approval.

The petitioner's challenge against a notice to reopen assessment for the year 2011-12 was partially successful. The Assessing Officer can proceed with the assessment, but a final order necessitates court approval. The matter was scheduled for further proceedings on 11.10.2017.

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The petitioner challenged a notice for reopening the assessment year 2011-12 based on incorrect facts regarding a contrived loss. The return was accepted without scrutiny initially. The Assessing Officer can continue with the assessment, but a final order requires court permission. Notice returnable on 11.10.2017.

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