Reassessment of Jain Cooperative Bank: Delhi HC refuses to Prevent Proceedings on the Merits of the Case [Read Order]

Reassessment - Jain Cooperative Bank - Delhi HC - taxscan

A Division Bench of the Delhi High Court, ruled in favour of the Income Tax Department while deciding a writ petition by Jain Cooperative Bank Ltd. and held that, the court cannot strike down the reopening of the case in the facts of the case. The petitioner-assessee filed a writ petition before the High Court…

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