Reassessment proceedings couldn’t be initiated merely on basis of audit objections; SLP dismissed

IT: Where High Court set aside reassessment proceedings on ground that said proceedings were based on mere audit objection that there was undervaluation of closing stock, SLP filed against said order was be dismissed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000185248/reassessment-proceedings-couldn’t-be-initiated-merely-on-basis-of-audit-objections-slp-dismissed.aspx