https://www.taxtmi.com/caselaws?id=432790 The court dismissed the writ petition challenging the assessment under the Income Tax Act for the Assessment Year 2014-15. Emphasizing the importance of following prescribed procedures, the court upheld the validity of the notice issued under Section 148 of the IT Act despite discrepancies in cash deposit figures. It highlighted the procedural aspects governed by Sections 148 to 153 of the IT Act and refused to interfere prematurely, allowing the assessment process to proceed unhindered. en-us Tue, 03 Jan 2023 00:00:00 +0530 Fri, 12 May 2023 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432790 The court dismissed the writ petition challenging the assessment under the Income Tax Act for the Assessment Year 2014-15. Emphasizing the importance of following prescribed procedures, the court upheld the validity of the notice issued under Section 148 of the IT Act despite discrepancies in cash deposit figures. It highlighted the procedural aspects governed by Sections 148 to 153 of the IT Act and refused to interfere prematurely, allowing the assessment process to proceed unhindered. Case-Laws Income Tax Tue, 03 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432790