https://www.taxtmi.com/caselaws?id=441704 The court dismissed the petition challenging the notice issued under Section 148 of the Income Tax Act, stating that the petitioner had the opportunity for a hearing as required by Section 148A. The court found that the notice contained sufficient information for the petitioner to respond effectively, despite the petitioner's argument of insufficient foundational material and statutory bar under Section 149(b). The court clarified that the inquiry under Section 148A is not detailed but must inform the assessee of reasons suggesting income escaped assessment. The petitioner was advised to pursue alternative statutory remedies. en-us Wed, 09 Aug 2023 00:00:00 +0530 Wed, 25 Oct 2023 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441704 The court dismissed the petition challenging the notice issued under Section 148 of the Income Tax Act, stating that the petitioner had the opportunity for a hearing as required by Section 148A. The court found that the notice contained sufficient information for the petitioner to respond effectively, despite the petitioner's argument of insufficient foundational material and statutory bar under Section 149(b). The court clarified that the inquiry under Section 148A is not detailed but must inform the assessee of reasons suggesting income escaped assessment. The petitioner was advised to pursue alternative statutory remedies. Case-Laws Income Tax Wed, 09 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441704