Section 148 Proceedings Upheld Procedurally as HC Advises Assessee to Submit Reply to AO

Tmen Systems Private Limited Vs ACIT (Delhi High Court) The Delhi High Court considered a writ petition challenging reassessment proceedings initiated under the Income Tax Act, 1961 for Assessment Year 2020–21. The petitioner sought quashing of the notice dated 21.03.2024 issued under Section 148A(b), the order dated 12.04.2024 passed under Section 148A(d), and the consequent notice issued under Section 148 of the Act. The petitioner contended that the notice issued under Section 148A(b) was vague, scanty, and non-specific, and did not contain sufficient information suggesting escapement of ...