The assessee filed the writ petition challenging the order passed under section 148A(d) of the Act on the ground that the Assessing Officer did not provide any information and material related to the reassessment proceedings and was barred by limitation. Dismissing the petition the Court held that the aassessee has not brought on record anything to suggest that the reassessment proceei9ngs under section. 147 were undertaken in an arbitrary manner. (AY. 2015-16)
Seema Gupta (Smt) v. ITO (2023) 455 ITR 498 /146 taxmann.com 289 (Delhi)(HC) Editorial : SLP of assessee is dismissed, Seema Gupta (Smt) v. ITO (2023) 455 ITR 504 / 294 Taxman 518 (SC)
S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Cash credits-Accommodation entries-question of fact-Writ petition was dismissed. [S. 68, 147, 148A(b), 148A(d), 148, Art. 226]