2024 (1) TMI 758

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....dhar and A.S.Sriraman For the Respondent : Mr.R.S.Balaji, Senior Standing Counsel(IT) Ms.S.Premalatha, Junior Standing Counsel (IT) ORDER This writ petition is directed against order dated 30.07.2022 and a consequential notice. 2. A notice under Section 148 of the Income Tax Act, 1961 (Income Tax Act), was issued to the petitioner in respect of alleged escaped assessment for the Assessment Yea....

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....2. The present writ petition arises in the said facts and circumstances. 3. Learned counsel for the respondent submits that there was sufficient basis for the initiation of proceedings in respect of escaped assessment. Without prejudice to the contentions on merits, he submits that the matter may be remanded for consideration of the objections of the petitioner. 4. The documents on record includ....