https://www.taxtmi.com/caselaws?id=439712 The Court found no jurisdictional error in the Assessing Officer's decision to initiate re-assessment proceedings under Section 148 of the Income Tax Act for the petitioner HUF's income for the Assessment Year 2016-17. The Court directed the Assessing Officer to allow the petitioner to submit necessary documents related to the deposited amount in the bank account and conduct the reassessment diligently based on the records provided. The writ petition was disposed of without expressing any opinion on the case's merits, emphasizing the need for a thorough reassessment process. en-us Wed, 10 May 2023 00:00:00 +0530 Fri, 30 Jun 2023 09:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439712 The Court found no jurisdictional error in the Assessing Officer's decision to initiate re-assessment proceedings under Section 148 of the Income Tax Act for the petitioner HUF's income for the Assessment Year 2016-17. The Court directed the Assessing Officer to allow the petitioner to submit necessary documents related to the deposited amount in the bank account and conduct the reassessment diligently based on the records provided. The writ petition was disposed of without expressing any opinion on the case's merits, emphasizing the need for a thorough reassessment process. Case-Laws Income Tax Wed, 10 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439712