https://www.taxtmi.com/caselaws?id=403613 The court held that the notice issued under Section 148 of the Income Tax Act was not sustainable as the writ applicant was not obligated to disclose the investment made by the partnership firm in his individual return. The court also dismissed the applicability of Section 150 to proceed against the partnership firm. Therefore, the writ application was granted, and the challenged notice was annulled. en-us Mon, 18 Jan 2021 00:00:00 +0530 Wed, 03 Feb 2021 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403613 The court held that the notice issued under Section 148 of the Income Tax Act was not sustainable as the writ applicant was not obligated to disclose the investment made by the partnership firm in his individual return. The court also dismissed the applicability of Section 150 to proceed against the partnership firm. Therefore, the writ application was granted, and the challenged notice was annulled. Case-Laws Income Tax Mon, 18 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403613