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1 - 6 of 6 (0.19 seconds)Gkn Driveshafts (India) Ltd vs Income Tax Officer And Ors on 25 November, 2002
17. Before
closing we would recall that the objections raised by the assessee
against the notice for reopening remained pending with the Assessing
Officer for nearly 6 months. Sometime in the middle of December, 2011
the Assessing Officer disposed of such objections and, thereafter
proceeded to pass the final order of assessment in less than two
weeks. Had this been an isolated case of such nature, we would have
passed it off as one-off instance. However, such tendency to delay
disposing of the objections and, thereafter at the fag end of final
time limit, to frame the assessment, is noticed in more cases than
one. We cannot approve of such tendency. This we are sure was not the
intention of the Apex Court when the decision in the case of GKN
Driveshafts (India) Ltd. vs. Income-Tax Officer and others reported
in [2003]259 ITR 19 was rendered. We are sure this would be brought
to the notice of the Assessing Officers by the Department so that
such instances do not recur in future. Petition is disposed of
accordingly.
The Income Tax Act, 1961
Finance (No. 2) Act, 2019
The Finance Act, 2018
Sadbhav Engineering Ltd vs Deputy Commissioner Of Income-Tax ... on 6 July, 2010
13. Similar
view was taken by this Court in the case of Sadbhav Engineering Ltd.
vs. Deputy Commissioner of Income-Tax reported in [2011] 333 ITR
483(Guj).
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