https://www.taxtmi.com/caselaws?id=776925 The HC upheld the reassessment, dismissing the petition and finding no jurisdictional error in the reopening. It held s.149(1)(b) is a jurisdictional fact to be established before reopening and that the impugned order was based on a reasonable belief formed after a s.133A survey. The petitioner may produce ledger entries and other material in the pending inquiry; disputed factual questions (including whether Rs.1,50,50,000 related to advances or AY 2020-21 expenditure) preclude relief under Art.226. Preconditions under s.148A(b) were satisfied and the challenge was refused. en-us Tue, 05 Aug 2025 00:00:00 +0530 Thu, 21 Aug 2025 08:35:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776925 The HC upheld the reassessment, dismissing the petition and finding no jurisdictional error in the reopening. It held s.149(1)(b) is a jurisdictional fact to be established before reopening and that the impugned order was based on a reasonable belief formed after a s.133A survey. The petitioner may produce ledger entries and other material in the pending inquiry; disputed factual questions (including whether Rs.1,50,50,000 related to advances or AY 2020-21 expenditure) preclude relief under Art.226. Preconditions under s.148A(b) were satisfied and the challenge was refused. Case-Laws Income Tax Tue, 05 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776925