2022 (2) TMI 1313

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....isions)<br>Dated:- 2-2-2022<br>WRIT PETITION No.1570/2022 (T-IT) - -<br>Income Tax<br>THE HON&#39;BLE MR.JUSTICE S. SUNIL DUTT YADAV Petitioners (By Sri Aravind V. Chavan, Advocate) Respondents (By Sri K.V. Aravind, Advocate for R1 to R4) ORDER The petitioner has sought for issuance of writ of certiorari to quash the recovery notice at Annexure-G2 dated 08.11.2021 and the Assessment Or....

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....ve furnished details regarding the initial queries. 3. It is further submitted that another show cause notice came to be issued under Section 142(1) of Income Tax Act dated 16.03.2021 calling for the details. Insofar as such show notice is concerned, the petitioner states that there has been some miscommunication and submits that the same would also have been due to the defect in the website an....

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....he notice under Section 142(1) of the Income Tax Act and that the Assessing Officer in terms of Section 68 of the Income Tax Act has treated the deposit of Rs.9,98,82,660/- as unexplained and treated it as deemed income of the assessee and had directed to add the same to the income of the assessee for the Assessment Year 2018-2019, it would meet the interests of justice to provide another opportun....