https://www.taxtmi.com/forum/issue?id=119895 The Finance (No. 2) Act, 2024 omitted the deeming provision that treated search or requisition material in another person's case as "information" for reopening and amended the definition of "information." Where reopening is proposed based on material from a search of another person, the section requiring a pre-reopening opportunity to be heard applies. A section 148 notice issued on 31 March 2025 relying on the omitted deeming fiction, without complying with the section 148A procedure, is not in conformity with the amended statutory framework in force on the date of issuance. en-us Mon, 21 Apr 2025 16:49:39 +0530 Tue, 22 Apr 2025 15:06:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119895 The Finance (No. 2) Act, 2024 omitted the deeming provision that treated search or requisition material in another person's case as "information" for reopening and amended the definition of "information." Where reopening is proposed based on material from a search of another person, the section requiring a pre-reopening opportunity to be heard applies. A section 148 notice issued on 31 March 2025 relying on the omitted deeming fiction, without complying with the section 148A procedure, is not in conformity with the amended statutory framework in force on the date of issuance. Discussion-Forum Income Tax Mon, 21 Apr 2025 16:49:39 +0530 https://www.taxtmi.com/forum/issue?id=119895