https://www.taxtmi.com/caselaws?id=409491 The court dismissed the Writ Petition challenging the initiation of proceedings under Section 147 of the Income Tax Act and the notice issued under Section 148 for the Assessment Year 2011-2012. Despite the petitioner's objections regarding income below the taxable limit and prior review of transactions, the court emphasized the assessing officer's duty to assess income escapement based on facts and evidence. The court allowed the Assessment Officer to proceed with the assessment, emphasizing the importance of cooperation from the petitioner in providing necessary documentation. en-us Fri, 18 Jun 2021 00:00:00 +0530 Fri, 09 Jul 2021 09:33:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409491 The court dismissed the Writ Petition challenging the initiation of proceedings under Section 147 of the Income Tax Act and the notice issued under Section 148 for the Assessment Year 2011-2012. Despite the petitioner's objections regarding income below the taxable limit and prior review of transactions, the court emphasized the assessing officer's duty to assess income escapement based on facts and evidence. The court allowed the Assessment Officer to proceed with the assessment, emphasizing the importance of cooperation from the petitioner in providing necessary documentation. Case-Laws Income Tax Fri, 18 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409491