2020 (9) TMI 333

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....Bhandawat JUDGMENT This writ petition has been preferred on behalf of the petitioner being aggrieved with the notice dated 26.2.2020 (Annex.-5) issued by the respondent No.2 under Section 148 of the Income Tax Act, 1961 (for short 'the Act of 1961') for the assessment year 2015-16. In the above notice, the respondent No.2 has mentioned that it has reasons to believe that the petitioner&....

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....ice dated 26.2.2020 (Annex.-5). Learned counsel for the petitioner has submitted that the Hon'ble Supreme Court in the case of GKN Driveshafts (India) Ltd. Vs. Income-Tax Officer and Others, reported in 2003 (1) SCC 72 has specifically held that the Assessing Officer is bound to furnish reasons within a reasonable time and after receipt of reasons, the noticee is entitled to file objections t....

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....o file objections to issuance of notice and the Assessing Officer is bound to dispose of the same by passing a speaking order." In view of the above, this writ petition is disposed of with a direction to the Assessing Officer to supply the reasons to the petitioner pursuant to her representation dated 3.4.2020 (Annex.-6) within a period of one week from the date of receipt of certified copy of th....