https://www.taxtmi.com/caselaws?id=76989 The court upheld the validity of notices issued under Sections 143(2) and 148 of the Income-tax Act, 1961, for certain assessment years. It determined that the notices under Section 148 were lawful based on discrepancies revealed in the Departmental Valuation Officer's report, despite earlier summary processing of returns. Additionally, the court found the referral to the Departmental Valuation Cell permissible under Section 142A for estimating construction costs, rejecting arguments to the contrary. The court emphasized that the material provided by the Departmental Valuer justified the belief of escaped assessment, leading to the dismissal of the writ petition. en-us Thu, 15 Apr 2010 00:00:00 +0530 Thu, 03 Jan 2013 13:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76989 The court upheld the validity of notices issued under Sections 143(2) and 148 of the Income-tax Act, 1961, for certain assessment years. It determined that the notices under Section 148 were lawful based on discrepancies revealed in the Departmental Valuation Officer's report, despite earlier summary processing of returns. Additionally, the court found the referral to the Departmental Valuation Cell permissible under Section 142A for estimating construction costs, rejecting arguments to the contrary. The court emphasized that the material provided by the Departmental Valuer justified the belief of escaped assessment, leading to the dismissal of the writ petition. Case-Laws Income Tax Thu, 15 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76989