https://www.taxtmi.com/caselaws?id=434241 The court allowed the petition, setting aside the impugned orders and notices related to a notice issued under Section 148A(b) of the Income-Tax Act for Assessment Year 2018-19. The court found the lack of specific transaction details and explanations from the petitioner regarding flagged income escape transactions. Emphasizing the violation of natural justice and statutory requirements, the court directed the respondent to provide essential details within a specified timeline for the petitioner to respond adequately. The court made the rule absolute, concluding the process as per the judgment and rendering a civil application irrelevant post the main petition's judgment. en-us Tue, 14 Feb 2023 00:00:00 +0530 Mon, 20 Feb 2023 08:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434241 The court allowed the petition, setting aside the impugned orders and notices related to a notice issued under Section 148A(b) of the Income-Tax Act for Assessment Year 2018-19. The court found the lack of specific transaction details and explanations from the petitioner regarding flagged income escape transactions. Emphasizing the violation of natural justice and statutory requirements, the court directed the respondent to provide essential details within a specified timeline for the petitioner to respond adequately. The court made the rule absolute, concluding the process as per the judgment and rendering a civil application irrelevant post the main petition's judgment. Case-Laws Income Tax Tue, 14 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434241