Wp/1391/2022 Of Lata Holdings Private Limited v. Income Tax Officer, Ward 12 (3) (1) And 3 Ors

Digitallysigned by1/2MEERAMEERAMAHESHMAHESHJADHAVJADHAVDate:2022.03.22 IN THE HIGH COURT OF JUDICATURE AT BOMBAY14:25:07+0530ORDINARY ORIGINAL CIVIL JURISDICTIONWRIT PETITION NO.1391 OF 2022 Lata Holdings Private Ltd. V/s.Income Tax Officer, Ward-12(3)(1) & Ors. ….Petitioner …Respondents ---- Ms Neha Paranjpe a/w Mr. Om Kandalkar for PetitionerMr. Suresh Kumar for Respondents ---- CORAM : K.R. SHRIRAM & N.R. BORKAR, JJ DATED : 17[th] MARCH 2022 P.C. : 1We find that the assessee has not yet filed any objections to the noticedated 31[st] March 2021 issued under Section 148 of the Income Tax Act1961. Ms Paranjpe states that the assessment proceedings are not concludedyet and on the suggestion made by the court sought leave of the court towithdraw the petition with liberty to file the objections to the notice beforethe Jurisdictional Assessing Officer and raise all grounds therein. 2Accordingly, petition dismissed as withdrawn . 3Petitioner to file the objections to the notice within two weeks fromtoday. The order on objections to be passed within three weeks of receivingthe objections after giving a personal hearing to petitioner, notice whereofwill be communicated at least 7 working days in advance. If JurisdictionalAssessing Officer wishes to rely on any judgments or order passed by anyCourt or Tribunal, he shall provide a list thereof to petitioner alongwith the notice for personal hearing and give them an opportunity to deal with those judgments or distinguish those judgments during the personal hearing andthose submissions of petitioner shall also be dealt with in the assessmentorder. 4Time from the date this petition was lodged, i.e., 3[rd] March 2022 tilltoday, is excluded for the purpose of completion of assessment proceedings. 5All rights and contentions of the parties are kept open. Naturally,until the order on objections is passed and for four weeks thereafter,respondents shall not pass the assessment order.until the order on objections is passed and for four weeks thereafter,respondents shall not pass the assessment order. 6Petition disposed. 7We clarify that we have not made any observations on the merits ofthe case.the case. (N. R. BORKAR, J.) (K.R. SHRIRAM, J.)