2019 (8) TMI 995

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... P.C. 1. This petition under Article 226 of the Constitution of India challenges the order dated 31st October, 2018 passed by the respondent no.1 - the Assistant Commissioner of Income Tax under Section 147 of the Income Tax Act, 1961 (the Act). By the impugned order, the Assessing Officer - respondent no.1 has dropped the assessment proceedings initiated under Section 147 of the Act. 2. It ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Court emphasized that the proceedings for reassessment under Section 147 of the Act is for the benefit of the Revenue. 4. However, Mr. Agarwal, learned Counsel appearing in support of the petition invites our attention to the decision of Allahabad High Court in the case of Commissioner of Income Tax Vs. Vali Brothers, (2005) 149 Taxmann 233 (All.) where a different view is taken in a Reference....