Wtax/1042/2021 Of Alm Food Products Limited v. Deputy Commissioner Income Tax Officer And 2 Others

Court No. - 21Case :- WRIT TAX No. - 1042 of 2021Petitioner :- Alm Food Products LimitedRespondent :- Deputy Commissioner Income Tax Officer And 2 OthersCounsel for Petitioner :- Suyash AgarwalCounsel for Respondent :- A.S.G.I.,Gaurav MahajanHon'ble Naheed Ara Moonis,J.Hon'ble Saumitra Dayal Singh,J. 1. Heard Sri Suyash Agarwal, learned counsel for the petitioner, SriGaurav Mahajan, learned counsel for the revenue and Sri Gopal Verma,learned counsel for the union of India. 2. Challenge has been raised to the re-assessment proceeding initiatedagainst the petitioner for the A.Y. 2016-17 vide reassessment noticeissued under Section 148 of the Income Tax Act, 1961 (hereinafterreferred to as the 'Act') dated 30.03.2021 by the Deputy CommissionerIncome Tax Circle-3(1)(1), Muzaffarnagar. 3. By a detailed order passed today in WRIT TAX No. - 979 of 2021, wehave disposed of the writ petition. For reasons given therein, the presentwrit petition is also disposed of with the following directions: (i) the order dated 10.09.2021 insofar as it seeks to reject the petitioner'sobjection on assumption of jurisdiction to reassess the petitioner forA.Y.2016-17, is set aside; (ii) the petitioner shall have two weeks' time from now to file a detailedobjection to the reasons to believe contained in the order dated10.09.2021; (iii) upon such objection filed, the assessing authority may fix a shortdate for personal hearing on the objection, within next two weekstherefrom. Order Date :- 6.12.2021S.Chaurasia