Section 148A(d) Order Set Aside for Ignoring Assessee’s Explanation

Pashupati Davella Vs National Faceless Assessment Centre (Karnataka High Court) Mechanical Reopening Fails: Karnataka HC Sets Aside 148A(d) Order for Non-Application of Mind The Karnataka High Court quashed reassessment proceedings initiated for AY 2016-17, holding that the order passed under section 148A(d) suffered from non-application of mind, as the Assessing Officer failed to consider the assessee’s detailed reply on record. In this case, the assessee had responded to the section 148A(b) notice explaining that the sum of ₹55.86 lakh represented dividend income and had furnished clarif...