2024 (3) TMI 733

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....Gupta. PC:- 1. Petitioner, a housewife who had no income and therefore, was not filing any income tax return, received a notice dated 19th February 2023 from Respondent No. 1, the Income Tax Officer, Ward- 28(2)(1) under Section 148A(b) of the Income Tax Act, 1961 ("the Act"). In the notice it is stated that the officer has information which suggests that income chargeable to tax for Assessm....

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....s of information description, source and nature of information, value/amount of transaction related to show-cause notice u/s 148A(b) of the Income Tax Act is attached separately, and the same are as under : Information Code Information Description Source Count Amount Description Amount (Rs.) AIR-006 Purchased immovable property valued at Rs. 30,00,000 or more SUB REGISTR....

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....nd source of all joint holders with supporting documents and copy of return of income filed. v) Please specify the reason in detail as to why you have not filed return of income for A.Y.-2016-2017 even though, you have taxable income during F.Y.-2015-2016. You may submit any other details you relied upon, as deemed fit in support of your claim." 2. Petitioner by a letter dated....

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....n based on the information available that the income chargeable to tax has escaped assessment. The only basis on which the order has been passed is, the assessee has not submitted the details of source of Rs. 88,75,000/- paid for purchase of property by her husband, source and the details of receipt of amount from the relatives, whereas the husband's income is only Rs. 18,49,980/-. 4. Though Mr....