https://www.taxtmi.com/caselaws?id=459729 The HC of Bombay set aside the order for reopening under the Income Tax Act 1961, remanding the case for reconsideration with a personal hearing for the petitioner. The Assessing Officer is required to issue a well-reasoned order by June 30, 2022, allowing for written submissions and addressing all of the petitioner's contentions. Assessment proceedings are delayed for at least 30 days following the order on objections, and the time spent on the case is excluded from the limitation period for completing the assessment. No costs were awarded. en-us Mon, 28 Mar 2022 00:00:00 +0530 Tue, 24 Dec 2024 20:36:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459729 The HC of Bombay set aside the order for reopening under the Income Tax Act 1961, remanding the case for reconsideration with a personal hearing for the petitioner. The Assessing Officer is required to issue a well-reasoned order by June 30, 2022, allowing for written submissions and addressing all of the petitioner's contentions. Assessment proceedings are delayed for at least 30 days following the order on objections, and the time spent on the case is excluded from the limitation period for completing the assessment. No costs were awarded. Case-Laws Income Tax Mon, 28 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459729