https://www.taxtmi.com/caselaws?id=428992 The court dismissed the writ petition challenging the order under Section 148A(d) of the Income Tax Act and the notice under Section 148 for AY 2014-15. The petitioner's claim of legitimate LTCG and dispute over accommodation entries were not accepted by the Assessing Officer. Despite dismissing the petition, the court allowed the petitioner to present arguments before the Assessing Officer and emphasized the need for further assessment and consideration of the petitioner's contentions in the reassessment proceedings. en-us Fri, 07 Oct 2022 00:00:00 +0530 Sat, 15 Oct 2022 09:11:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428992 The court dismissed the writ petition challenging the order under Section 148A(d) of the Income Tax Act and the notice under Section 148 for AY 2014-15. The petitioner's claim of legitimate LTCG and dispute over accommodation entries were not accepted by the Assessing Officer. Despite dismissing the petition, the court allowed the petitioner to present arguments before the Assessing Officer and emphasized the need for further assessment and consideration of the petitioner's contentions in the reassessment proceedings. Case-Laws Income Tax Fri, 07 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428992