Analysis: Bombay HC restricts Assessing Officer's power under Income Tax Act

The Bombay HC granted a rule in a case concerning a notice under Section 148 of the Income Tax Act, 1961. The Assessing Officer can continue proceedings but cannot issue a final order without further court approval. The Revenue can expedite the hearing process post the filing of the return.

---

---

The Bombay High Court heard a case involving the issuance of a notice under Section 148 of the Income Tax Act, 1961. The court found the matter deserving consideration and granted a rule. The Assessing Officer can proceed with the proceedings but cannot pass a final order without the court's further order. Revenue can expedite the hearing process and request a date after the return is filed.

---