https://www.taxtmi.com/caselaws?id=328994 The High Court, with judges Mr. Akil Kureshi and Mr. A.J. Shastri, JJ., ruled in favor of the petitioner by quashing the notice dated 27.11.2014 for reopening the assessment beyond the prescribed time limit. The Court emphasized the necessity of the Assessing Officer's independent satisfaction for issuing a reopening notice, stating that audit objections cannot replace the Assessing Officer's judgment. As the Assessing Officer in this case disregarded the audit objections and issued the notice based on other grounds, the Court deemed the notice impermissible and disposed of the petition in favor of the petitioner. en-us Tue, 14 Jun 2016 00:00:00 +0530 Sat, 18 Jun 2016 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328994 The High Court, with judges Mr. Akil Kureshi and Mr. A.J. Shastri, JJ., ruled in favor of the petitioner by quashing the notice dated 27.11.2014 for reopening the assessment beyond the prescribed time limit. The Court emphasized the necessity of the Assessing Officer's independent satisfaction for issuing a reopening notice, stating that audit objections cannot replace the Assessing Officer's judgment. As the Assessing Officer in this case disregarded the audit objections and issued the notice based on other grounds, the Court deemed the notice impermissible and disposed of the petition in favor of the petitioner. Case-Laws Income Tax Tue, 14 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328994