https://www.taxtmi.com/caselaws?id=325575 The High Court of Bombay addressed a case involving a discrepancy between reasons for an impugned notice and the sanction received from the Joint Commissioner of Income Tax. The court set aside the order disposing of the petitioner's objections, directing the Assessing Officer to provide sanctioned reasons promptly and allowing objections to be filed. Assessment proceedings for the petitioner for the year 2008-09 were stayed for twelve weeks, including a four-week exclusion period to prevent time-barred reassessment proceedings. The court's decision aimed to ensure a fair process, timely objections handling, and compliance with statutory limitations. en-us Fri, 11 Mar 2016 00:00:00 +0530 Wed, 23 Mar 2016 09:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325575 The High Court of Bombay addressed a case involving a discrepancy between reasons for an impugned notice and the sanction received from the Joint Commissioner of Income Tax. The court set aside the order disposing of the petitioner's objections, directing the Assessing Officer to provide sanctioned reasons promptly and allowing objections to be filed. Assessment proceedings for the petitioner for the year 2008-09 were stayed for twelve weeks, including a four-week exclusion period to prevent time-barred reassessment proceedings. The court's decision aimed to ensure a fair process, timely objections handling, and compliance with statutory limitations. Case-Laws Income Tax Fri, 11 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325575