HC issues guideline Revenue must follow in the matters of reopening of assessments

Sabh Infrastructure Ltd. Vs ACIT (Delhi High Court) High Court observed that on a routine basis, a large number of writ petitions are filed challenging the reopening of assessments by the Revenue under sections 147 and 148 of the Act and despite numerous judgments on this issue, the same errors are repeated by the concerned Revenue authorities. In this background, the Court would like the Revenue to adhere to the following guidelines in matters of reopening of assessments :– (i) while communicating the reasons for reopening the assessment, the copy of the standard form used by the assess...