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of <h1>Gujarat HC Halts Reopening of Tax Assessment u/s 147 for 2012-13, Sets Hearing for January 2020.</h1> <h3>SHREENATHJI COTGIN PRIVATE LIMITED Versus INCOME TAX OFFICER WARD 2 (1) (5)</h3> SHREENATHJI COTGIN PRIVATE LIMITED Versus INCOME TAX OFFICER WARD 2 (1) (5) - TMI The High Court of Gujarat issued an oral order in response to a petition challenging the reopening of assessment by the Assessing Officer under section 147 of the Income Tax Act, 1961. The petitioner argued that the reasons for reopening were based on incorrect premises, as scrutiny assessment had already been done. The court issued a notice returnable on 20.01.2020 and stayed further proceedings based on the impugned notice for assessment year 2012-13.
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