https://www.taxtmi.com/caselaws?id=763485 Madras HC disposed of writ petitions challenging assessment order dated 23.03.2022 under sections 147 r/w 144B. Department relied on information from DCIT (OSD)(Inv.) CBDT but failed to furnish particulars of five disputed transactions despite petitioner's requests. Court found no grounds for interference as petitioner had filed appeal before Appellate Commissioner with interim stay under section 220(6). HC directed appellate authority to dispose appeal within six months, continue existing stay until disposal, and consider bank statements filed by petitioner while seeking remand report from Assessing Officer. en-us Fri, 06 Dec 2024 00:00:00 +0530 Fri, 20 Dec 2024 08:46:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763485 Madras HC disposed of writ petitions challenging assessment order dated 23.03.2022 under sections 147 r/w 144B. Department relied on information from DCIT (OSD)(Inv.) CBDT but failed to furnish particulars of five disputed transactions despite petitioner's requests. Court found no grounds for interference as petitioner had filed appeal before Appellate Commissioner with interim stay under section 220(6). HC directed appellate authority to dispose appeal within six months, continue existing stay until disposal, and consider bank statements filed by petitioner while seeking remand report from Assessing Officer. Case-Laws Income Tax Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763485