2023 (3) TMI 367

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....H ARORA For the Petitioner : Mr. Kapil Goel, Advocate (Through VC). For the Respondent : Mr. Zoheb Hossain, Sr. Standing Counsel with Mr. Vipul Agrawal and Mr. Parth Semwal, Jr. Standing Counsel. JUDGMENT MANMOHAN, J (Oral): CM APPL. 41495/2022 (for exemption) Exemption allowed, subject to all just exceptions. Accordingly, this application stands disposed of. W.P.(C) 13616/....

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.... the basis of which the reassessment proceedings were sought to be initiated were incorrect as the Petitioner had never entered into any transactions with Mr. Himanshu Verma or any entities controlled by him. He further states that the information such as the pin-code and the mobile number of the assessee did not correspond with those of the Petitioner. 3. Learned counsel for the Petitioner emp....

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....e been received by the Petitioner. Though the impugned order states that the asset is represented by bogus accommodation entries in the form of bank deposits, yet no details of any such deposit have been mentioned in the impugned order. 6. Consequently, the impugned order passed under Section 148A(d) of the Act as well as the notice issued under Section 148 of the Act both dated 22nd July, 2022....