1981 (8) TMI 55

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....s of Bhoruka Charitable Trust and the trust was created under a trust deed dated April 2, 1962. The trust was duly registered on May 23, 1962, with the Charity Commissioner. The petitioners are entitled to exemption of its income from the properties under s. 11 of the I.T. Act, 1961. The petitioners filed returns for the assessment years 1972-73 and 1973-74, and the assessments were completed b....

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....ng of s. 147 of the said Act, and, therefore, respondent No. 1 proposed to reopen the assessment. In answer to these notices, the petitioners requested respondent No. 1 to furnish the reasons and the material in his possession for reopening the assessment. Respondent No. 1 failed to furnish any grounds in spite of repeated reminders. The petitioners thereafter filed the present petition in this co....

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.... notices under s. 148 of the said Act cannot be sustained. There is one more feature of the matter which requires reference at this stage. Shri Khatri pointed out that, in spite of the grant of an interim stay to proceed with the impugned notices under s. 148 of the I.T. Act, 1961, the I.T. authorities served a fresh notice for the assessment year 1973-74 on March 20, 1978. In pursuance of this....