https://www.taxtmi.com/caselaws?id=447969 The HC upheld the reopening of assessment under Section 147 of the IT Act, ruling that the information supplied under Section 148A(b) need only be the information on which the Assessing Officer forms a prima facie belief of escaped income, not the underlying material. The court found the notice and documents provided via the insight portal met the requirements of Explanation 1(i) of Section 148, and rejected the petitioner's challenge that the information was insufficient. The court distinguished prior rulings based on the unamended law and disagreed with contrary views from another HC. The writ petition was dismissed, affirming the validity of the reopening and the procedural compliance under Section 148A. en-us Tue, 02 Jan 2024 00:00:00 +0530 Wed, 13 Aug 2025 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447969 The HC upheld the reopening of assessment under Section 147 of the IT Act, ruling that the information supplied under Section 148A(b) need only be the information on which the Assessing Officer forms a prima facie belief of escaped income, not the underlying material. The court found the notice and documents provided via the insight portal met the requirements of Explanation 1(i) of Section 148, and rejected the petitioner's challenge that the information was insufficient. The court distinguished prior rulings based on the unamended law and disagreed with contrary views from another HC. The writ petition was dismissed, affirming the validity of the reopening and the procedural compliance under Section 148A. Case-Laws Income Tax Tue, 02 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447969