https://www.taxtmi.com/caselaws?id=357652 The High Court of Karnataka dismissed the petition challenging the reassessment proceedings under Section 148 of the Income Tax Act, 1961 for Assessment Year 2008-2009. The court found the objections premature and emphasized the importance of allowing the Assessing Authority and Appellate Authorities to adjudicate on the issues. The court highlighted the relevance of the reasons for initiating the proceedings and the need for factual determinations by the appropriate authorities. Dismissal of the petition allowed the petitioner to address objections through the established legal process under the Act. en-us Tue, 21 Nov 2017 00:00:00 +0530 Tue, 27 Mar 2018 09:22:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357652 The High Court of Karnataka dismissed the petition challenging the reassessment proceedings under Section 148 of the Income Tax Act, 1961 for Assessment Year 2008-2009. The court found the objections premature and emphasized the importance of allowing the Assessing Authority and Appellate Authorities to adjudicate on the issues. The court highlighted the relevance of the reasons for initiating the proceedings and the need for factual determinations by the appropriate authorities. Dismissal of the petition allowed the petitioner to address objections through the established legal process under the Act. Case-Laws Income Tax Tue, 21 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357652