2016 (3) TMI 1212

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....ocate. For the Respondent : Mr. Rahul Chaudhary, Senior Standing Counsel with Mr. Raghvendra Singh, Junior Standing Counsel and Mr. Sharad Agarwal, Advocate. O R D E R 1. It is pointed by Mr. Ajay Vohra, learned Senior counsel for the Petitioners, that the reasons for reopening of the assessments for the three Assessment Years (AYs) 1994-95, 1995-96 and 1996-97 under Section 147/148 of th....

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....07 was filed by the Petitioners, in which notice was issued by the Supreme Court on 5th February, 2007 and it was directed that the audit under Section 142 (2A) of the Act may go on, but no final assessment order shall be passed. It is stated that Civil Appeal No.2667/2007 (arising out of the aforementioned SLP) is likely to be heard finally in the near future. 3. In the present petition, while....