https://www.taxtmi.com/caselaws?id=789855 A corrigendum extending the time to respond to a section 148A(b) show-cause notice was treated as a valid correction of the initial arithmetical error, so the time allowed to the assessee was excluded under the third proviso to section 149(1) and the section 148A(d) order and subsequent section 148 notice were held to be within limitation; approval by the Principal Commissioner was therefore sufficient. On merits, the writ court declined to examine the sufficiency of the material for escapement of income, holding that the assessee's explanation on inter-bank transfers, interest income, an NRE account, RBI permission and exemption claims required factual verification by the Assessing Officer. The reassessment was allowed to proceed. en-us Mon, 13 Apr 2026 00:00:00 +0530 Wed, 15 Apr 2026 09:05:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789855 A corrigendum extending the time to respond to a section 148A(b) show-cause notice was treated as a valid correction of the initial arithmetical error, so the time allowed to the assessee was excluded under the third proviso to section 149(1) and the section 148A(d) order and subsequent section 148 notice were held to be within limitation; approval by the Principal Commissioner was therefore sufficient. On merits, the writ court declined to examine the sufficiency of the material for escapement of income, holding that the assessee's explanation on inter-bank transfers, interest income, an NRE account, RBI permission and exemption claims required factual verification by the Assessing Officer. The reassessment was allowed to proceed. Case-Laws Income Tax Mon, 13 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789855