gujarat high court vide it's interim order dt. 11/8/10 admitted a petition challenging jurisdiction of reopening of assessment within a period of 4 years from the end of the assessment year in the case of bodal chemicals ltd.
the court issued " rule " .
interim relief is also granted by restraining the respondent assessing officer from passing final assessment order.
subject matter of reopening was in respect of withdrawal of depriciation on acquired goodwill granted in the original scrutiny assessment u/s 143(3)
r.k.patel