https://www.taxtmi.com/highlights?id=91763 HC dismissed the petition and upheld the reopening of assessment. The court held that s.149(1)(b) is a jurisdictional fact to be established before reopening for escaped income, and the impugned order rested on a reasonable belief formed after a s.133A survey. The petitioner may adduce ledger entries and material in the pending inquiry; disputed questions of fact (including whether Rs.1,50,50,000 related to advances or AY 2020-21 expenditure) preclude relief under extraordinary writ jurisdiction. The HC found pre-conditions under s.148A(b) satisfied and no jurisdictional error in the exercise under s.148A(d). Article 226 cannot correct intra-jurisdictional errors of law/fact; petition dismissed. en-us Thu, 21 Aug 2025 08:35:53 +0530 Thu, 21 Aug 2025 08:35:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=91763 HC dismissed the petition and upheld the reopening of assessment. The court held that s.149(1)(b) is a jurisdictional fact to be established before reopening for escaped income, and the impugned order rested on a reasonable belief formed after a s.133A survey. The petitioner may adduce ledger entries and material in the pending inquiry; disputed questions of fact (including whether Rs.1,50,50,000 related to advances or AY 2020-21 expenditure) preclude relief under extraordinary writ jurisdiction. The HC found pre-conditions under s.148A(b) satisfied and no jurisdictional error in the exercise under s.148A(d). Article 226 cannot correct intra-jurisdictional errors of law/fact; petition dismissed. Highlights Income Tax Thu, 21 Aug 2025 08:35:53 +0530 https://www.taxtmi.com/highlights?id=91763