2026 (9) TMI 784

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....r / Decisions)<br>Dated:- 25-8-2026<br>Writ Petition No. 26118 of 2026 (T - IT) - -<br>Income Tax<br>HON&#39;BLE MR. JUSTICE B M SHYAM PRASAD For the Petitioner : Sri. Ravi Shankar S V., Advocate For the Respondents : Sri. M. Dilip, Advocate A/W; Sri. Vinayak S. Pandit, Advocate ORAL ORDER : The petitioner has called in question the following Notices and orders. Sl. No ....

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....AYPAL INC 1,97,124.00 2. Mr. Ravi Shankar S V, the learned counsel for the petitioner, submits that the petitioner is a homemaker and the only cash remittance during this assessment year is in a sum of Rs.5,30,000/- and every other remittance into her account is through bank transfers either by her daughter or the son-in-law who are residing in California, USA and that they have made those r....

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....s that the petitioner would confine the petition to the grievance with the Order under 148A(d) of the IT Act and the subsequent orders/notices. Mr. M. Dilip and Mr. Vinayak S. Pandit, the learned Standing counsels for the respondents, are heard on whether there must be interference in the present proceedings in the light of the circumstances now emphasized and if there is to be interference, the t....

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....This accords reason for interference with the Reassessment Order, the consequential Computation and the Demand Notices/Penalty Notices, as also the Order dated 17.03.2024 under Section 148A(d) of the IT Act and to restore the proceedings with opportunity to the petitioner to file a detailed response. In the light of the afore, the following. ORDER [A] The petition is allowed-in-part qu....