https://www.taxtmi.com/caselaws?id=308951 The High Court addressed the justification of reassessment under Sections 147/148 of the Income Tax Act, 1961 by the ITAT, noting the relevance to connected appeals. The court modified the question of law for consideration. It also examined the Tribunal's admission of an additional ground on jurisdictional defect, reserving judgment. Additionally, the evaluation of reasons recorded by the Assessing Officer for initiating proceedings under Section 147/148 was scrutinized, focusing on the adequacy of reasons and their connection to the belief of escaped income. Written submissions were requested for further review before the final judgment. en-us Thu, 09 Feb 2023 00:00:00 +0530 Wed, 02 Aug 2023 21:18:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308951 The High Court addressed the justification of reassessment under Sections 147/148 of the Income Tax Act, 1961 by the ITAT, noting the relevance to connected appeals. The court modified the question of law for consideration. It also examined the Tribunal's admission of an additional ground on jurisdictional defect, reserving judgment. Additionally, the evaluation of reasons recorded by the Assessing Officer for initiating proceedings under Section 147/148 was scrutinized, focusing on the adequacy of reasons and their connection to the belief of escaped income. Written submissions were requested for further review before the final judgment. Case-Laws Income Tax Thu, 09 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308951