Discovery in Later Assessments Not Grounds for Reassessment in Prior Years

EIT Services India Pvt. Ltd. Vs DCIT (Karnataka High Court)

Karnataka High Court held that reassessment proceedings cannot be in the nature of review and accordingly, the material as has come to light in the assessment proceedings for the Assessment Year 2008- 2009 cannot be a sufficient ground to resort to reassessment proceedings.

Facts- The petitioner has filed three Writ Petitions before this Court. The petitioner has sought to challenge the re-assessment proceedings i

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