Portal Date vs Notice Date: ITAT Orders Fresh Hearing on Legality of Reassessment Notice

Neeta Sunil Gode Vs ITO (ITAT Pune) ₹97.9L u/s 69 Addition Reopened – Portal Date vs Notice Date: ITAT Orders Fresh Hearing on Legality of Reassessment Notice Assessee filed return declaring income of ₹9,64,710/-. During search on Shri Renuka Mata Multi State Urban Co-operative Credit Society Ltd., huge unexplained cash deposits were detected. Assessment records showed Assessee had deposited ₹97,90,652/- in the Society’s account. Reassessment u/s 147 was initiated by issuing notice u/s 148 dated 31.03.2021. Assessee did not file return in response nor complied with notices u/s 14...