Notice under section 148 was issued on the basis of information from NMS (Non filler monitoring system) on account of cash deposits made in the bank account. The assessee filed the writ petition challenging the notice of reassessment proceedings. Dismissing the petition the Court held that the assessee had not produced copy of cash books and there were also discrepancies in bank statements with regard to opening balance and withdrawals of cash amount in such other bank account from which assessee contended to have withdrawn and redeposited cash deposits in question. Reassessment notice was held to be valid. (AY. 2012-13)