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2022 (2) TMI 1374

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....war Sharma. ORDER P.C. : 1 Petitioner is impugning a notice dated 30th March 2021 issued under Section 148 of the Income Tax Act 1961, for A.Y.-2015-2016. The reasons recorded for reopening has been provided to petitioner. We have considered the reasons with the assistance of Mr. Padvekar. The reasons read as under: "Reasons for re-opening of assessment u/s 148 of the I. T. Act 1....

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....on Insight Portal. As per the information summary available in Insight Portal, the following information relating to Assessment Year 2015-16 pertains to the assessee. Sr. No. PAN Name Information F.Y. Information Type Information Value Remarks 1 AAACT2372 C TILAK VENTURES LIMITED 2014-15 Others 83,04,053 Reversal trades in BSE 2. On verif....