https://www.taxtmi.com/caselaws?id=799445 Reassessment proceedings based on discrepancies between Risk Management Strategy portal figures and earlier assessment and payee records require disclosure of information necessary for reconciliation at the inquiry stage under Sections 148A(1) and 148A(3) of the Income-tax Act, 1961. Where the relevant details were not supplied and the inquiry remained limited, the matter must return to the notice stage, allowing an additional response and personal hearing before a fresh order. The correctness and legality of initiating reassessment proceedings remain open. en-us Thu, 17 Sep 2026 00:00:00 +0530 Tue, 22 Sep 2026 08:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799445 Reassessment proceedings based on discrepancies between Risk Management Strategy portal figures and earlier assessment and payee records require disclosure of information necessary for reconciliation at the inquiry stage under Sections 148A(1) and 148A(3) of the Income-tax Act, 1961. Where the relevant details were not supplied and the inquiry remained limited, the matter must return to the notice stage, allowing an additional response and personal hearing before a fresh order. The correctness and legality of initiating reassessment proceedings remain open. Case-Laws Income Tax Thu, 17 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799445