Fresh return filing not required if already filed return is to be treated for reassessment

Raj Kumar Prop Vs DCIT (ITAT Delhi) ITAT Delhi held that if already filed return is to be treated for the purpose of re-assessment, then, filing of fresh return on receipt of notice under section 148 of the Income Tax Act is not required. Facts- During the re-assessment proceedings, AO found from the ledger account of Shri Shyam Trading Co. that the assessee booked sales of Rs. 2,62,10,040/- from the said concern. Enquiries made by the Directorate of Income Tax, Gurgaon revealed that Shri Shyam Trading Co. is a concern of Shri Vipin Garg who is engaged in the business of providing bogus accomm...