https://www.taxtmi.com/manuals?id=4680 Before issuing a notice under section 148, the Assessing Officer must serve a show-cause notice disclosing the information suggesting escaped income and allow the assessee time to reply; after considering record material and the reply, the Assessing Officer must, with prior approval of the specified authority, determine whether to issue the section 148 notice. The show-cause requirement excludes cases where information arises under the scheme notified under section 135A and applies to enumerated sources of information including risk management, audit objections, international exchanges, certain surveys, and judicial or tribunal orders. en-us Wed, 28 Aug 2024 13:19:00 +0530 Wed, 28 Aug 2024 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4680 Before issuing a notice under section 148, the Assessing Officer must serve a show-cause notice disclosing the information suggesting escaped income and allow the assessee time to reply; after considering record material and the reply, the Assessing Officer must, with prior approval of the specified authority, determine whether to issue the section 148 notice. The show-cause requirement excludes cases where information arises under the scheme notified under section 135A and applies to enumerated sources of information including risk management, audit objections, international exchanges, certain surveys, and judicial or tribunal orders. Manuals Income Tax Wed, 28 Aug 2024 13:19:00 +0530 https://www.taxtmi.com/manuals?id=4680