Initiation of Reassessment before expiry of time limit for scrutiny assessment is valid

HIGH COURT OF ALLAHABAD Commissioner of Income-tax versus Jora Singh IT APPEAL No. 418 of 2010 MARCH  8, 2013 ORDER Prakash Krishna, J. Present appeal has been filed under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) against the order dated 30th June, 2010 passed by the Income Tax Appellate Tribunal, B – Bench, Lucknow (hereinafter referred to as ‘the Tribunal) in I.T.A. No. 308 (luc.)/2009 connected with I.T.A. No. 312(Luc.)/2009 for the assessment year 2005-06. 2. In the memo of appeal the following substantial que...