https://www.taxtmi.com/caselaws?id=422580 The High Court directed the petitioner, a merged company, to provide a satisfactory explanation to tax authorities regarding notices received under Section 148 of the Income Tax Act. The court emphasized the need for the petitioner to address concerns raised by the respondent department regarding transactions and income post-merger. The petitioner was granted the liberty to raise objections and challenge the notices through appropriate channels, with the court disposing of the writ petition accordingly. en-us Fri, 06 May 2022 00:00:00 +0530 Wed, 18 May 2022 08:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422580 The High Court directed the petitioner, a merged company, to provide a satisfactory explanation to tax authorities regarding notices received under Section 148 of the Income Tax Act. The court emphasized the need for the petitioner to address concerns raised by the respondent department regarding transactions and income post-merger. The petitioner was granted the liberty to raise objections and challenge the notices through appropriate channels, with the court disposing of the writ petition accordingly. Case-Laws Income Tax Fri, 06 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422580