Reopening Notices Based on Borrowed Material from DRI and Justice M.B. Shah Commission Report Quashed by Bombay HC
Bombay High Court Quashes Reopening Notices Based on Borrowed Material from DRI and Justice M.B. Shah Commission Report
The Court also observed that the illegality of mining leases beyond 2007 was not known to the AO until the Supreme Court’s decision in 2014, and claiming that the assessee failed to disclose this fact while filing returns for AY 2009-10 would not arise.