Court held that\u00a0 the assessee had knowledge of notice on March 26, 2022 and had not given any reply to the show-cause notice. The order\u00a0 was\u00a0\u00a0\u00a0 passed on the seventh day, i. e., on April 7, 2022. The notice was sent at the address given on the permanent account number database. The Assessing Officer initiated the proceedings in accordance with section\u00a0148A\u00a0read with section\u00a0149\u00a0\/\u00a0151\u00a0of the\u00a0Income-tax Act, 1961. The approval of the specified authority as per section\u00a0151\u00a0of the Act was obtained at every stage. Service of notice on March 20, 2022 through speed post at the address given on the permanent account number database was sufficient to return a finding that the respondents had served the notice at the correct address. The assessee herself had admitted that the notice was received on March 26, 2022. The notice under section\u00a0148A\u00a0and the consequent reassessment proceedings were valid. Referred\u00a0 \u00a0PCIT\u00a0 v. I-Ven Interactive Ltd.(2019) 418 ITR 662 (SC) wherein the Court \u00a0held that issuance of notice at the address listed in the permanent account number database is sufficient compliance for issue of notice, and that in the absence of any specific intimation to the Assessing Officer, the Assessing Officer would be justified in sending notice at the available address mentioned in the permanent account number database (AY.2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice served at address given on Permanent Account Number Database-Reassessment Proceedings is valid.[S. 147, 148, 148A(b) 148A(d), 149, 151,Art. 226]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-39996","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ap6","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=39996"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39996\/revisions"}],"predecessor-version":[{"id":41881,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39996\/revisions\/41881"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}