2020 (2) TMI 266

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..... R. Jayaprathap Standing counsel for Tax ORDER The petitioner has challenged the impugned notice issued under Section 263 of the Income Tax Act, 1961 seeking to re-open the assessment order dated 31.03.2015. 2. The contention of the petitioner is that the respondent had no basis to come to the conclusion that the orders have been passed erroneously or to dis-prejudice of the revenue. It ....

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....e adjudicatory mechanism in the impugned proceeding under Section 263 of the Income Tax Act. Therefore, the Writ Petition is liable to be dismissed. 5. Heard the learned counsel for the Petitioner and the learned counsel for the Respondent. 6. I have perused the impugned order. The assessment order passed on 31.03.2015 for the assessment year 2014-15 has not clearly discussed the issue. I....