Court orders disclosure of reasons for reassessment under Income Tax Act

The High Court of Allahabad directed the assessing authority to disclose the reasons for taking action under section 148 of the Income Tax Act for the assessment years 1986-87 and 1987-88 to the petitioner within two weeks of receiving a certified copy of the order. The writ petition was disposed of accordingly.

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The High Court of Allahabad directed the assessing authority to disclose the reasons for taking action under section 148 of the Income Tax Act for the assessment years 1986-87 and 1987-88 to the petitioner within two weeks of receiving a certified copy of the order. The writ petition was disposed of accordingly. [Case Citation: 1991 (7) TMI 18 - ALLAHABAD High Court]

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