HRY WAREHOUSING CORPORATION, vs. JOINT COMMISSIONER OF IT

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

5. The Assessing Officer relying upon judgment of Rajasthan High Court in Commissioner of Income Tax Versus Rajasthan State Warehousing Corporation, 1994 (210) ITR 906 reopened assessment under Section 147 of 1961 Act by recording reasons on 17.06.1997. The appellant filed return in response to notice under Section 148. The appellant objected reopening of assessment on the ground that assessment