https://www.taxtmi.com/caselaws?id=387596 The court dismissed the petitioner's application for clarification, upholding that the stay order only restrained the final assessment order and not the reassessment proceedings as a whole. The court found the continuation of reassessment proceedings lawful, in line with the statute, and emphasized that the notice under Section 143(2) was issued within the statutory timeline. The court ruled that the reassessment process would proceed, potentially becoming infructuous if the petitioner succeeded in the writ petition, or completed within the extended statutory period if not. en-us Mon, 14 Oct 2019 00:00:00 +0530 Fri, 09 Oct 2020 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387596 The court dismissed the petitioner's application for clarification, upholding that the stay order only restrained the final assessment order and not the reassessment proceedings as a whole. The court found the continuation of reassessment proceedings lawful, in line with the statute, and emphasized that the notice under Section 143(2) was issued within the statutory timeline. The court ruled that the reassessment process would proceed, potentially becoming infructuous if the petitioner succeeded in the writ petition, or completed within the extended statutory period if not. Case-Laws Income Tax Mon, 14 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387596