https://www.taxtmi.com/caselaws?id=423966 The HC dismissed the petition challenging the notice issued under Section 148 of the Income Tax Act, 1961, for re-opening assessment proceedings for the year 2013-14. The court found that the re-opening was justified under Explanation-1 to the proviso of Section 147, as the Assessing Officer based the decision on insufficient material provided by the assessee. The court ruled that it could not question the sufficiency of reasons while the matter is pending before the Assessing Authority, advising the petitioner to engage in the proceedings or pursue other legal remedies. en-us Mon, 13 Jun 2022 00:00:00 +0530 Wed, 25 Oct 2023 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423966 The HC dismissed the petition challenging the notice issued under Section 148 of the Income Tax Act, 1961, for re-opening assessment proceedings for the year 2013-14. The court found that the re-opening was justified under Explanation-1 to the proviso of Section 147, as the Assessing Officer based the decision on insufficient material provided by the assessee. The court ruled that it could not question the sufficiency of reasons while the matter is pending before the Assessing Authority, advising the petitioner to engage in the proceedings or pursue other legal remedies. Case-Laws Income Tax Mon, 13 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423966