HRY WAREHOUSING CORPORATION, vs. JOINT COMMISSIONER OF IT

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

3) of 1961 Act was framed by Assessing Authority. The appellant filed income tax returns which were merely processed. There was no assessment order on the part of Assessing Officer, thus, Assessing Officer in view of judgment of Rajasthan High Court in Rajasthan State Warehousing Corporation (supra) was quite competent to reopen assessment in terms of Section 147

PR COMMISSIONER OF INCOME TAX-I, JALANDHAR vs. M/S SUPERTECH FORGINGS PVT LTD