On February 21, 1976, a numberice under Section 148 of the Income tax Act, 1961, was issued to the appellant, in pursuance whereof it filed a return on March 27, 1976, for disclosing further losses.
Thereupon, the appellants approached the High Court by way of a writ petition for issuance of mandamus to the Income tax Officer to pass orders in pursuance of the aforesaid numberice.
For the assessment year 1971 72, it filed a return on the basis of which an order of assessment was made on March 27, 1974.
No orders were passed till about September, 1981, in the reassessment proceedings.
The appellants say that on that date, they were informed that numberorder will be passed pursuant to the numberice under Section 148.
This appeal is preferred against the decision of the Madhya Pradesh High Court.
By the said order, certain losses disclosed by the assessee were accepted.
The assessee is a limited companypany.
