https://www.taxtmi.com/highlights?id=76795 Validity of reopening of assessment u/s 147 - shorter period to reply to notice - The High Court acknowledged the petitioner's argument regarding the limited time provided for response. Considering the petitioner's status as a Public Trust running a school, the Court deemed it appropriate to grant an opportunity for a reply to the notice. - The Court, without expressing an opinion on the merits, quashed the impugned order and remanded the matter for fresh consideration. en-us Mon, 22 Apr 2024 14:48:23 +0530 Mon, 22 Apr 2024 14:48:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76795 Validity of reopening of assessment u/s 147 - shorter period to reply to notice - The High Court acknowledged the petitioner's argument regarding the limited time provided for response. Considering the petitioner's status as a Public Trust running a school, the Court deemed it appropriate to grant an opportunity for a reply to the notice. - The Court, without expressing an opinion on the merits, quashed the impugned order and remanded the matter for fresh consideration. Highlights Income Tax Mon, 22 Apr 2024 14:48:23 +0530 https://www.taxtmi.com/highlights?id=76795