Bayer Pharmaceuticals Pvt. Ltd., Thane vs Dcit Range 4(1), Mumbai on 6 April, 2018
3. After hearing rival contentions, I am of the opinion that the assessment has
to be quashed for the reason of non-disposal of objections for the re-opening of
assessment by the Assessing Officer. A similar view was taken by the Hon'ble High
Gujarat High Court in the case Arvind Mills Ltd. vs. Assistant Commissioner Of
Wealth2004 270 ITR 469 Guj and in the case of Bayer Material Science Pvt. Ltd. vs.
DCIT; W.P. No. 2502 of 2015; judgment dt. 27/01/2016 (Bom. H.C.).