https://www.taxtmi.com/caselaws?id=419996 The court upheld the validity of the reassessment notice under Section 148 of the Income Tax Act, finding the detailed reasons provided in the annexure to the Section 142(1) notice justified the reassessment. The court dismissed arguments regarding limitation, absence of fresh material, audit objections, non-consideration of objections, and applicability of Rule 8D, stating they did not warrant interference in writ jurisdiction. As a result, the writ petition was dismissed without any order as to costs. en-us Tue, 01 Feb 2022 00:00:00 +0530 Thu, 23 Jun 2022 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419996 The court upheld the validity of the reassessment notice under Section 148 of the Income Tax Act, finding the detailed reasons provided in the annexure to the Section 142(1) notice justified the reassessment. The court dismissed arguments regarding limitation, absence of fresh material, audit objections, non-consideration of objections, and applicability of Rule 8D, stating they did not warrant interference in writ jurisdiction. As a result, the writ petition was dismissed without any order as to costs. Case-Laws Income Tax Tue, 01 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419996