Reassessment u/s. 148 quashed as name of petitioner doesn’t appear in seized material

Siddhi Corporation Vs DCIT (Gujarat High Court) Gujarat High Court held that reopening of assessment under section 148 of the Income Tax Act is liable to be quashed since name of the petitioner is not appearing in any of the information and documents which were found during course of search. According, petition is allowed. Facts- By this petition under Article 226 of the Constitution of India, the petitioner has prayed for quashing and setting aside the notice under Section 148 of the Income Tax Act, 1961 dated 20.4.2021 and the order under Section 148A(d) of the Act dated 20.8.2022 and the n...