https://www.taxtmi.com/caselaws?id=420579 The court directed the respondents to submit an affidavit explaining the rationale behind initiating reassessment proceedings under Section 148 of the Income Tax Act, 1961. Further proceedings based on the communication initiating reassessment were stayed until the affidavit was filed. The case was scheduled for the next hearing on 01.04.2022 for additional deliberations and decisions regarding the reassessment proceedings. en-us Wed, 23 Mar 2022 00:00:00 +0530 Tue, 05 Apr 2022 21:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420579 The court directed the respondents to submit an affidavit explaining the rationale behind initiating reassessment proceedings under Section 148 of the Income Tax Act, 1961. Further proceedings based on the communication initiating reassessment were stayed until the affidavit was filed. The case was scheduled for the next hearing on 01.04.2022 for additional deliberations and decisions regarding the reassessment proceedings. Case-Laws Income Tax Wed, 23 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420579