https://www.taxtmi.com/caselaws?id=192417 The High Court issued a 'Rule DB' staying further proceedings under Section 147 of the Income Tax Act against the Petitioners, pending the outcome of a pending appeal in the Supreme Court. The Court deemed it appropriate to await the Supreme Court's decision in a related matter before proceeding with the current petition challenging the reopening of assessments for specific Assessment Years. This cautious approach reflects the Court's commitment to ensuring a comprehensive and informed resolution of the legal issues involved. en-us Wed, 09 Mar 2016 00:00:00 +0530 Wed, 31 May 2017 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192417 The High Court issued a 'Rule DB' staying further proceedings under Section 147 of the Income Tax Act against the Petitioners, pending the outcome of a pending appeal in the Supreme Court. The Court deemed it appropriate to await the Supreme Court's decision in a related matter before proceeding with the current petition challenging the reopening of assessments for specific Assessment Years. This cautious approach reflects the Court's commitment to ensuring a comprehensive and informed resolution of the legal issues involved. Case-Laws Income Tax Wed, 09 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192417