Abhishek Mittal v. UOI (2025) 303 Taxman 1 (Gauhati)(HC)

S. 148A : Reassessment-Unexplained money-Bogus transactions-Writ to quash notice dismissed [S. 69A,133A, 148, 148A(b), 148A(d), Art. 226]


Survey on an entry operator revealed that the assessee’s purchases/sales were only paper transactions with no underlying movement of goods. AO complied with s. 148A procedure and concluded that these were bogus transactions. Court upheld the reopening as valid and refused to interfere under Art. 226. (AY 2018-19)

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