Whether reassessment proceedings can be initiated on basis of CIT(A)’s directions

ORAL ORDER (PER : HONORABLE Mr. JUSTICE M.R. SHAH) Draft amendment is allowed. Amendment to be carried out forthwith. It is the case on behalf of the petitioner that the assessment for A.Y 2008-2009 is sought to be reopen beyond the period of six years, solely on the directions issued by the learned CIT [A], which has been subsequently set-aside by the learned Tribunal. It is submitted that otherwise, the re-assessment proceedings beyond six years is not permissible. Under the circumstances, notice returnable on 26th December 2016. By way of ad interim relief, it is directed that the Assessin...