Himachal Pradesh State Forest Corporation Ltd. v. C.I.T., Shimla
[Citation -2020-LL-0114-66]

Citation 2020-LL-0114-66
Appellant Name Himachal Pradesh State Forest Corporation Ltd.
Respondent Name C.I.T., Shimla
Court SUPREME COURT
Relevant Act Income-tax
Date of Order 14/01/2020
Assessment Year 1989-90
Judgment View Judgment
Keyword Tags audited accounts • revised return • audit report
Bot Summary: In light of the decision of the High Court of Himachal Pradesh, Shimla in C.W.P. No. 591 of 1992 dated 05.05.1997 pertaining to assessment year 1989-1990 read with order in CWP No. 125 of 1995 pertaining to assessment year 1988-1989, it must necessarily follow that the revised return dated 01.02.1994 filed by the appellant-assessee for the concerned assessment year 1989-1990 accompanied by audited accounts and the audit report under Section 44AB of the Income Tax Act ought to proceed further and be taken to its logical end by the Assessing Officer expeditiously. Nothing more is required to be said in this appeal except to reiterate that the assessment be proceeded on its own merits in accordance with law, 3 including to consider all just exceptions available to the assessee.


IN SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 6418 OF 2010 HIMACHAL PRADESH STATE FOREST CORPORATION LTD. Appellant(s) VERSUS C.I.T SHIMLA Respondent(s) ORDER Heard learned counsel for parties. In light of decision of High Court of Himachal Pradesh, Shimla in C.W.P. No. 591 of 1992 dated 05.05.1997 pertaining to assessment year 1989-1990 read with order in CWP No. 125 of 1995 pertaining to assessment year 1988-1989, it must necessarily follow that revised return dated 01.02.1994 filed by appellant-assessee for concerned assessment year 1989-1990 accompanied by audited accounts and audit report under Section 44AB of Income Tax Act ought to proceed further and be taken to its logical end by Assessing Officer expeditiously. We direct accordingly. Besides this, nothing more is required to be said in this appeal except to reiterate that assessment be proceeded on its own merits in accordance with law, 3 including to consider all just exceptions available to assessee. appeal is disposed of accordingly. Pending applications, if any, stand disposed of. .....J (A.M. KHANWILKAR)...J (DINESH MAHESHWARI) New Delhi January 14, 2020 Himachal Pradesh State Forest Corporation Ltd. v. C.I.T., Shimla
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