The court dismissed the writ petition filed by the assessee against notice under section 148 of the Income-tax Act, 1961 , directing the Department to provide a copy of the reasons based on which the notice was issued and the assessee to respond to the notice and the Department to proceed in accordance with law.
Nusli N. Wadia v. ACIT (2022)447 ITR 363 / 142 taxmann.com 333 (Bom)( HC) Editorial: SLP of assessee dismissed, with directions , Nusli N. Wadia v. ACIT (2022) 447 ITR 376 / 142 taxmann.com 334 (SC)
S. 148 : Reassessment –Notice – Reasons recorded not furnished – Directions issued to Department to furnish the reasons recorded [ S. 147, Art , 226 ]
i would appreciate the reporting of latest Judjements by various court on the matter under Income tax Act