https://www.taxtmi.com/caselaws?id=427160 The court dismissed the writ petition and application, upholding the validity of the notice dated 23rd June 2022 issued by the Assessing Officer (AO). The court found that the AO's actions were justified in response to the petitioner's request for specific material. Additionally, the petitioner's failure to provide a satisfactory explanation for the transaction with M/s Subhshree Financial Management Pvt. Ltd. led to the court finding no error in the AO's decision. The court clarified that it did not express any opinion on the merits of the controversy, leaving all rights and contentions of the petitioner open for assessment proceedings. en-us Tue, 30 Aug 2022 00:00:00 +0530 Mon, 21 Nov 2022 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427160 The court dismissed the writ petition and application, upholding the validity of the notice dated 23rd June 2022 issued by the Assessing Officer (AO). The court found that the AO's actions were justified in response to the petitioner's request for specific material. Additionally, the petitioner's failure to provide a satisfactory explanation for the transaction with M/s Subhshree Financial Management Pvt. Ltd. led to the court finding no error in the AO's decision. The court clarified that it did not express any opinion on the merits of the controversy, leaving all rights and contentions of the petitioner open for assessment proceedings. Case-Laws Income Tax Tue, 30 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427160