https://www.taxtmi.com/caselaws?id=426677 The Court set aside the order challenging the notice under Section 148 for AY 2018-19 as it failed to consider the detailed reply filed by the petitioner, which included all financial transactions. The Court emphasized the importance of following statutory mandates and remanded the matter back to the Assessing Officer for a fresh order within eight weeks. The decision highlighted the necessity for proper consideration of all relevant submissions in assessment proceedings under the Income Tax Act to avoid breaching statutory mandates. en-us Tue, 16 Aug 2022 00:00:00 +0530 Mon, 22 Aug 2022 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426677 The Court set aside the order challenging the notice under Section 148 for AY 2018-19 as it failed to consider the detailed reply filed by the petitioner, which included all financial transactions. The Court emphasized the importance of following statutory mandates and remanded the matter back to the Assessing Officer for a fresh order within eight weeks. The decision highlighted the necessity for proper consideration of all relevant submissions in assessment proceedings under the Income Tax Act to avoid breaching statutory mandates. Case-Laws Income Tax Tue, 16 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426677