{"id":59308,"date":"2026-04-07T11:27:20","date_gmt":"2026-04-07T05:57:20","guid":{"rendered":"https:\/\/itatonline.org\/digest\/neena-singh-thakur-v-pcit-2025-305-taxman-194-hphc\/"},"modified":"2026-04-07T11:27:20","modified_gmt":"2026-04-07T05:57:20","slug":"neena-singh-thakur-v-pcit-2025-305-taxman-194-hphc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/neena-singh-thakur-v-pcit-2025-305-taxman-194-hphc\/","title":{"rendered":"Neena Singh Thakur v. PCIT (2025) 305 Taxman 194 (HP)(HC)"},"content":{"rendered":"<p><strong>\u00a0<\/strong>Assessing Officer issued notice to assessee under section 148A(b) on ground that assessee had purchased immovable property worth Rs. 1.21 crore but had not disclosed same in her return of income. Assessee submitted that immovable property purchased by her was not of value of Rs. 1.21 crore but of Rs. 1.31 crore. Assessing Officer passed an order under section 148A(d) however no reason was given in support of conclusion that escaped income was more than Rs. 50 lakhs.On writ the Court held that\u00a0\u00a0 since order passed by Assessing Officer was bereft of any cogent or plausible reasons, same was to be set aside and matter was to be remanded back to Assessing Officer to decide same afresh in accordance with law. (AY. 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Unexplained investments-No reason was given in support of conclusion that escaped income was more than Rs. 50 lakhs-Matter was to be remanded back to Assessing Officer to decide same afresh in accordance with law.[S. 148A(b), 148A(d), 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-59308","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fqA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59308","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=59308"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59308\/revisions"}],"predecessor-version":[{"id":59309,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59308\/revisions\/59309"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}