INCOME TAX : When a notice is issued under section 148, proper course of action for noticee is to file return and if he so desires, to seek reasons for issuing notice and on receipt thereof to file objections to issuance of notice and Assessing Officer is bound to dispose of same by passing a speaking order; where assessee’s objections had not been dealt with, all proceedings post assessee’s objections were to be set aside for adjudication afreshINCOME TAX : When a notice is issued under section 148, proper course of action for noticee is to file return and if he so desires, to seek reasons for issuing notice and on receipt thereof to file objections to issuance of notice and Assessing Officer is bound to dispose of same by passing a speaking order; where assessee’s objections had not been dealt with, all proceedings post assessee’s objections were to be set aside for adjudication afreshwww.taxmann.com Latest Case LawsRead More
