https://www.taxtmi.com/caselaws?id=420515 The court upheld the legality of the search conducted under Section 132 of the Income Tax Act, finding that the statutory requirements were met, and the search was based on a reasonable belief supported by relevant information. The court dismissed the writ petitions challenging the search and subsequent notices issued under Sections 153-A and 142(1) of the Income Tax Act, stating that the competent authority had followed due process. The rejection order by the Assistant Commissioner of Income Tax was deemed valid, emphasizing the necessity of recording reasons and ensuring accountability in decision-making. The court concluded that there were no grounds to interfere with the notices/orders, dismissing the petitions. en-us Thu, 10 Feb 2022 00:00:00 +0530 Mon, 04 Apr 2022 09:15:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420515 The court upheld the legality of the search conducted under Section 132 of the Income Tax Act, finding that the statutory requirements were met, and the search was based on a reasonable belief supported by relevant information. The court dismissed the writ petitions challenging the search and subsequent notices issued under Sections 153-A and 142(1) of the Income Tax Act, stating that the competent authority had followed due process. The rejection order by the Assistant Commissioner of Income Tax was deemed valid, emphasizing the necessity of recording reasons and ensuring accountability in decision-making. The court concluded that there were no grounds to interfere with the notices/orders, dismissing the petitions. Case-Laws Income Tax Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420515