https://www.taxtmi.com/caselaws?id=753967 ALLAHABAD HC held the s.148A(d) order reopening assessment set aside and decided in favour of the assessee. The notice under s.148A(b) was incomplete, failing to disclose vital information about certain cash deposits and depriving the assessee of an opportunity to rebut receipts attributed to a third party. Because earlier scrutiny proceedings had addressed bank transactions, the court directed that the material aspects omitted from the notice be considered before any valid reassessment may proceed. en-us Fri, 31 May 2024 00:00:00 +0530 Tue, 09 Sep 2025 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753967 ALLAHABAD HC held the s.148A(d) order reopening assessment set aside and decided in favour of the assessee. The notice under s.148A(b) was incomplete, failing to disclose vital information about certain cash deposits and depriving the assessee of an opportunity to rebut receipts attributed to a third party. Because earlier scrutiny proceedings had addressed bank transactions, the court directed that the material aspects omitted from the notice be considered before any valid reassessment may proceed. Case-Laws Income Tax Fri, 31 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753967