Procedure before issuance of notice under section 148

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....ing any notice under section 148 provide an opportunity of being heard to such assessee by serving upon him a notice to show cause as to why a notice under section 148 should not be issued in his case and such notice to show cause shall be accompanied by the information which suggests that income chargeable to tax has escaped assessment in his case for the relevant assessment year. (2) On receipt....

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....thority referred to in section 151.]     **************** NOTES:- 1. Inserted vide Section 42 of the Finance Act 2021 w.e.f. 01-04-2021 2. Omitted vide Section 45 of the Finance Act 2022 w.e.f. 01-04-2022 before it was read as, "with the prior approval of specified authority" 3. Substituted vide Section 45 of the Finance Act 2022 w.e.f. 0....

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.... notice is issued, or such time, as may be extended by him on the basis of an application in this behalf, as to why a notice under section 148 should not be issued on the basis of information which suggests that income chargeable to tax has escaped assessment in his case for the relevant assessment year and results of enquiry conducted, if any, as per clause (a); (c) consider the reply of assess....

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....32A in the case of the assessee on or after the 1st day of April, 2021; or (b) the Assessing Officer is satisfied, with the prior approval of the Principal Commissioner or Commissioner that any money, bullion, jewellery or other valuable article or thing, seized in a search under section 132 or requisitioned under section 132A, in the case of any other person on or after the 1st day of April, 20....