{"id":18226,"date":"2021-05-15T16:22:36","date_gmt":"2021-05-15T10:52:36","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=18226"},"modified":"2021-05-21T11:54:02","modified_gmt":"2021-05-21T06:24:02","slug":"notice-under-section-148-reason-to-believe","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/notice-under-section-148-reason-to-believe\/","title":{"rendered":"Whether issue of Notice u\/s.148  on the basis of information received from the Bank is valid ?"},"content":{"rendered":"<p>Client have\u00a0 44AD income for A.Y. 14-15.<\/p>\n<p>Turnover declarared Rs. 35 Lakh in return.<\/p>\n<p>REason to believe stated as &#8221; Bank has given information that total Credit sum in Bank account is 56 Lakh and turnover declared is 35 lakh, difference remains to be unexplained &#8220;.<\/p>\n<p>&nbsp;<\/p>\n<p>Question : 1. Whether above reason to believe is correct as given by AO.<\/p>\n<p>As the same is just took from AIR and given to us. and also same details was already available 6 years back, why not 143(2) was issued at that moment of time&#8230;so it is change of opinion just.<\/p>\n<p>kindly guide<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[22],"qa_category":[23],"qa_tag":[171,136,71],"class_list":["post-18226","qa","type-qa","status-publish","hentry","qa_expert-advocate-neelam-jadhav","qa_category-income-tax","qa_tag-presumptive-basis","qa_tag-reassessment","qa_tag-reopening-of-assessment"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/18226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18226"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18226"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=18226"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=18226"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=18226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}