2026 (6) TMI 782

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....) - -<br>Income Tax<br>HON&#39;BLE MR. JUSTICE B M SHYAM PRASAD For the Petitioner : Sri. Hemant Venkatray Pai., Advocate For the Respondents : Sri. E. I. Sanmathi, Advocate ORAL ORDER The petitioner, a Partnership Firm engaged in the business of construction, has filed this petition calling in question the Show Cause Notice dated 02.05.2024 under Section 148A(b) of the Income Tax Act,....

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.... of the IT Act only referred to sale of one unit but the Show Cause Notice dated 03.02.2026 has referred, for the first time, to multiple units sold by the petitioner, and [ii] if the Show Cause Notice is dated 03.02.2026, the impugned order is dated 25.02.2026 allowing the petitioner only two weeks to collate all payments. 3. Mr. Hemant Venkatray Pai argues for a reasonable opportunit....