https://www.taxtmi.com/caselaws?id=386992 The Gujarat High Court issued a notice returnable on a specified date in response to the petitioner's challenge against the reopening of assessment based on a tainted person's statement. The court stayed further proceedings related to the notice issued under section 148 of the Income Tax Act for the assessment year 2013-14, emphasizing the importance of statutory limitations on the Assessing Officer's jurisdiction and the necessity of tangible material for reopening assessments. The court highlighted restrictions on reopening assessments made under specific sections of the Income Tax Act. en-us Thu, 10 Oct 2019 00:00:00 +0530 Mon, 14 Oct 2019 11:38:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386992 The Gujarat High Court issued a notice returnable on a specified date in response to the petitioner's challenge against the reopening of assessment based on a tainted person's statement. The court stayed further proceedings related to the notice issued under section 148 of the Income Tax Act for the assessment year 2013-14, emphasizing the importance of statutory limitations on the Assessing Officer's jurisdiction and the necessity of tangible material for reopening assessments. The court highlighted restrictions on reopening assessments made under specific sections of the Income Tax Act. Case-Laws Income Tax Thu, 10 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386992