https://www.taxtmi.com/caselaws?id=468380 A reassessment order under Section 148A(d) of the Income-tax Act could not be sustained because the assessee's reply to the Section 148A(b) notice was not considered. The assessee had raised the Corporate Insolvency Resolution Process, the approved resolution plan, and an earlier order in a connected reassessment matter for the preceding year. The Revenue argued that these materials were not before the assessing authority, but the Court rejected that contention and held that the impugned order had been passed without considering the response. The order was therefore set aside in favour of the assessee. en-us Fri, 22 Nov 2024 00:00:00 +0530 Sun, 03 May 2026 22:20:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468380 A reassessment order under Section 148A(d) of the Income-tax Act could not be sustained because the assessee's reply to the Section 148A(b) notice was not considered. The assessee had raised the Corporate Insolvency Resolution Process, the approved resolution plan, and an earlier order in a connected reassessment matter for the preceding year. The Revenue argued that these materials were not before the assessing authority, but the Court rejected that contention and held that the impugned order had been passed without considering the response. The order was therefore set aside in favour of the assessee. Case-Laws Income Tax Fri, 22 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468380