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Reassessment based on information on Insight Portal without verification is invalid
Case Law Details
- Case Name
- Vasuki Global Industrial Limited Vs Principal Chief Commissioner of Income Tax & Ors (Gujarat High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Gujarat High Court
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Vasuki Global Industrial Limited Vs Principal Chief Commissioner of Income Tax & Ors (Gujarat High Court)
Gujarat High Court held that reassessment on the basis of information made available on Insight Portal without verification of information by jurisdictional Assessing Officer is invalid in law. Accordingly, writ disposed of.
Facts- The present petition has been filed by the petitioner. It is contested that the respondent-Income Tax Department has relied upon the information available on Insight Portal by sending notices to the suppliers of the petitioner for re-openin...
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