https://www.taxtmi.com/caselaws?id=449192 HC dismissed the writ petition challenging reopening of assessment under Section 147. Petitioner had not filed regular return under Section 139 for AY 2016-17. Court held that Assessing Officer was within jurisdictional powers under Sections 148-149 before issuing notice under Section 148, as escapement exceeded 50 lakhs under Section 50C. Court directed petitioner to file proper reply to Section 148 notice rather than challenging through writ. AO directed to consider all relevant facts and pass appropriate orders within three months. en-us Fri, 02 Feb 2024 00:00:00 +0530 Wed, 28 Aug 2024 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449192 HC dismissed the writ petition challenging reopening of assessment under Section 147. Petitioner had not filed regular return under Section 139 for AY 2016-17. Court held that Assessing Officer was within jurisdictional powers under Sections 148-149 before issuing notice under Section 148, as escapement exceeded 50 lakhs under Section 50C. Court directed petitioner to file proper reply to Section 148 notice rather than challenging through writ. AO directed to consider all relevant facts and pass appropriate orders within three months. Case-Laws Income Tax Fri, 02 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449192