https://www.taxtmi.com/caselaws?id=310267 The High Court set aside the impugned order and notice issued under Section 148A(d)/148 of the Income Tax Act, remanding the matter back to the Assessing Officer for fresh consideration within four weeks. The court found that the Assessing Officer had already examined and decided on the issue during the original assessment, indicating a prior application of mind. The judgment highlights the importance of proper assessment procedures and the necessity for Assessing Officers to thoroughly review all relevant information before initiating reassessment proceedings, emphasizing the need for a valid basis and adherence to legal requirements. en-us Tue, 19 Jul 2022 00:00:00 +0530 Sun, 15 Oct 2023 15:33:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310267 The High Court set aside the impugned order and notice issued under Section 148A(d)/148 of the Income Tax Act, remanding the matter back to the Assessing Officer for fresh consideration within four weeks. The court found that the Assessing Officer had already examined and decided on the issue during the original assessment, indicating a prior application of mind. The judgment highlights the importance of proper assessment procedures and the necessity for Assessing Officers to thoroughly review all relevant information before initiating reassessment proceedings, emphasizing the need for a valid basis and adherence to legal requirements. Case-Laws Income Tax Tue, 19 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310267