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No Coercive Recovery During Pendency of Appeal in Reassessment Case: Madras HC
Case Law Details
- Case Name
- Faiz Wahab Vs ITO (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
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Faiz Wahab Vs ITO (Madras High Court)
In Faiz Wahab vs Income Tax Officer, the Madras High Court dealt with a writ petition challenging the assessment order dated 26 February 2024, issued under Section 147 read with Section 144 of the Income Tax Act, 1961. The petitioner had been assessed for alleged unexplained income based on the amount shown in a sale agreement, which the Assessing Officer treated as taxable income after the petitioner failed to respond to multiple notices issued during reassessment proceedings. The petitioner contended that the assessment was erroneous, as the transaction...
