https://www.taxtmi.com/caselaws?id=778468 HC upheld the reassessment notice under s.147/148A(b) concerning alleged bogus commission-related transactions with an insurer, holding that whether the declared sum truly escaped assessment requires factual inquiry by the Assessing Officer and cannot be resolved by the court. The court distinguished the relied-upon precedent on its facts and found that the petitioner's contention that the amount having been declared in books and return rendered the notice untenable was incorrect. Writ petition dismissed, with direction that the AO examine the matter on merits. en-us Thu, 11 Sep 2025 00:00:00 +0530 Wed, 17 Sep 2025 08:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778468 HC upheld the reassessment notice under s.147/148A(b) concerning alleged bogus commission-related transactions with an insurer, holding that whether the declared sum truly escaped assessment requires factual inquiry by the Assessing Officer and cannot be resolved by the court. The court distinguished the relied-upon precedent on its facts and found that the petitioner's contention that the amount having been declared in books and return rendered the notice untenable was incorrect. Writ petition dismissed, with direction that the AO examine the matter on merits. Case-Laws Income Tax Thu, 11 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778468