https://www.taxtmi.com/caselaws?id=449248 The court allowed the appeal and quashed the order passed under Section 148A(d) of the Act for the assessment year 2017-18, along with the consequential notice under Section 148. The court found that the assessing officer failed to provide tangible material to support the claim of income escapement, relying instead on personal opinions. The decision emphasizes the necessity of substantial evidence when reopening assessments under Section 148A. en-us Fri, 17 Nov 2023 00:00:00 +0530 Thu, 08 Feb 2024 08:12:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449248 The court allowed the appeal and quashed the order passed under Section 148A(d) of the Act for the assessment year 2017-18, along with the consequential notice under Section 148. The court found that the assessing officer failed to provide tangible material to support the claim of income escapement, relying instead on personal opinions. The decision emphasizes the necessity of substantial evidence when reopening assessments under Section 148A. Case-Laws Income Tax Fri, 17 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449248