https://www.taxtmi.com/caselaws?id=449491 The HC disposed of the petition involving non-filing of income tax returns for the assessment year 2019-2020. Despite multiple notices under Sections 148 and 142(1) of the Income Tax Act, the petitioner company failed to comply. A show cause notice under Section 144 addressed unexplained income of Rs. 4,33,57,333/-. The court granted the petitioner an additional six weeks to file the return and submit necessary documents, warning that failure to do so would result in the revenue finalizing the assessment under Section 144. en-us Wed, 17 Jan 2024 00:00:00 +0530 Tue, 13 Feb 2024 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449491 The HC disposed of the petition involving non-filing of income tax returns for the assessment year 2019-2020. Despite multiple notices under Sections 148 and 142(1) of the Income Tax Act, the petitioner company failed to comply. A show cause notice under Section 144 addressed unexplained income of Rs. 4,33,57,333/-. The court granted the petitioner an additional six weeks to file the return and submit necessary documents, warning that failure to do so would result in the revenue finalizing the assessment under Section 144. Case-Laws Income Tax Wed, 17 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449491