https://www.taxtmi.com/caselaws?id=450534 The HC quashed the impugned order under Section 148A(d) of the Income Tax Act, 1961, and remanded the case for fresh consideration. The petitioner was instructed to submit the missing documents within a specified timeframe. The AO must conduct a personal hearing and issue a reasoned order, justifying the non-genuine transaction claim despite the petitioner's submissions. The rule was made absolute, and the petition was disposed of without costs. en-us Mon, 04 Mar 2024 00:00:00 +0530 Thu, 07 Mar 2024 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450534 The HC quashed the impugned order under Section 148A(d) of the Income Tax Act, 1961, and remanded the case for fresh consideration. The petitioner was instructed to submit the missing documents within a specified timeframe. The AO must conduct a personal hearing and issue a reasoned order, justifying the non-genuine transaction claim despite the petitioner's submissions. The rule was made absolute, and the petition was disposed of without costs. Case-Laws Income Tax Mon, 04 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450534