https://www.taxtmi.com/caselaws?id=391219 The court dismissed the writ petition, upholding the validity of the reassessment proceedings under Section 147 of the Income Tax Act, 1961. The petitioner's cash payments were found not to qualify for exemptions under Rule 6DD, and the Principal Commissioner acted within the scope of his powers under Section 264. The court determined that the decision-making process was procedurally sound, leading to the rejection of the petitioner's contentions. en-us Sat, 18 Jan 2020 00:00:00 +0530 Wed, 19 Feb 2020 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391219 The court dismissed the writ petition, upholding the validity of the reassessment proceedings under Section 147 of the Income Tax Act, 1961. The petitioner's cash payments were found not to qualify for exemptions under Rule 6DD, and the Principal Commissioner acted within the scope of his powers under Section 264. The court determined that the decision-making process was procedurally sound, leading to the rejection of the petitioner's contentions. Case-Laws Income Tax Sat, 18 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391219