TaxTMI 
TaxTMI 
2014 (7) TMI 348
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.... Divakar JUDGMENT (Per M. S. Sanklecha,J.): This Petition under Article 226 of the Constitution of India challenges:- (a) the notice dated 27th March 2012 issued by the Assessing Officer under Section 148 of the Income Tax Act, 1961 (the Act); (b) the order rejecting the objections dated 31 October 2012; and (c) assessment Order dated 9th November 2012 passed under Section 143(2) read with S....
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.... before the CIT(A) against Assessment order dated 9th November, 2012. All contention with regard to the validity of the re-opening of the Assessment as well as the contention of the Petitioner on merits could be urged by the Petitioner before the CIT(A). It is further submitted that in the present case, the Petitioner had not filed any Writ Petition before the Assessing Officer passed the Assessme....
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....IT(A) against the order dated 9th November 2012 and the remedy of appeal is an efficacious remedy. It would be open to the Petitioner to urge all points before the CIT(A) including the validity of the re-opening of the Assessment Year 2007-08 and fact that the order dated 9th November 2012 prima facie, appears to be in defiance of the order of the Bombay High Court in the matter of Asian Paints (s....
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....learly lays down that after rejection of the objections, no re-assessment proceedings would be commenced for a period of four weeks. This period of four weeks was provided, so as to enable the Petitioner to take suitable advise and appropriate action against the order rejecting their objections. The decisions of this Court are binding on all the authorities functioning in the State. The very fact ....