https://www.taxtmi.com/caselaws?id=765762 Gujarat HC quashed reassessment notice u/s 148 issued by AO without jurisdiction. Court held that AO failed to provide details of mismatch based on Bank Remittance Data from Jammu Kashmir Bank and denied petitioner opportunity of hearing. Notice dated 31.03.2022 was issued without proper basis, constituting mere change of opinion rather than valid grounds for reopening assessment u/s 147. Decided in favour of assessee. en-us Mon, 27 Jan 2025 00:00:00 +0530 Sat, 08 Feb 2025 09:12:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765762 Gujarat HC quashed reassessment notice u/s 148 issued by AO without jurisdiction. Court held that AO failed to provide details of mismatch based on Bank Remittance Data from Jammu Kashmir Bank and denied petitioner opportunity of hearing. Notice dated 31.03.2022 was issued without proper basis, constituting mere change of opinion rather than valid grounds for reopening assessment u/s 147. Decided in favour of assessee. Case-Laws Income Tax Mon, 27 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765762