Centralised assessment transfers after searches coordinate connected investigations without finally determining the assessee's tax liability or assess...
Reassessment proceedings under section 148A require the Assessing Officer to examine the taxpayer's explanation and supporting documents before deciding that a reassessment notice should issue. Where alleged undisclosed amounts are disputed as not constituting business turnover, the officer must determine their character and record cogent reasons. Non-consideration of the response and material invalidates the section 148A(3) order and consequential notice, requiring reconsideration; approval based on the quashed order does not survive.
Reassessment proceedings under section 148A require the Assessing Officer to examine the taxpayer's explanation and supporting documents before deciding that a reassessment notice should issue. Where alleged undisclosed amounts are disputed as not constituting business turnover, the officer must determine their character and record cogent reasons. Non-consideration of the response and material invalidates the section 148A(3) order and consequential notice, requiring reconsideration; approval based on the quashed order does not survive.
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TaxTMI 
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