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Jay Krishna Group Through Bharvad ... vs Income Tax Officer Ward -1 on 17 August, 2022

7. Per contra, Mr.Karan Sanghani, learned counsel appearing for the respondent - revenue would support the impugned orders by contending and drawing our attention to the reply affidavit, more particularly, with reference to paragraphs 5 and 6, to buttress his argument that on account of insight portal disclosing modus operandi adopted by the petitioner gave rise for reopening the assessment as certain amounts had escaped assessment on account of this material not being available at the time of scrutiny and same being the basis on which reassessment is now being proposed to be done, it cannot be gainsaid by assessee that there is no fresh material available before the authorities. He would also contend that it is not change of opinion by the Assessing Officer which has necessitated reopening of assessment but Assessing Officer having unearthed information through insight portal, it had resulted in escapement of income to tax which has perforced the Assessing Officer to issue the impugned notices which cannot be tested in the proceedings under Article 227 of the Constitution of India, inasmuch as correctness or otherwise Page 5 of 13 Downloaded on : Sat Dec 24 23:41:16 IST 2022 C/SCA/15739/2021 ORDER DATED: 17/08/2022 of the said material cannot be gone into by this Court and he has prayed for dismissal of the petitions. He has relied upon the decision in the case of Aaspas Multimedia Ltd Vs Deputy Commissioner of Income Tax, reported in (2018) 405 ITR 512 (Guj) in support of his submissions.
Gujarat High Court Cites 18 - Cited by 0 - Full Document
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