HC quashes Section 148A order for not-providing sufficient information

Maharaja Edifice Pvt. Ltd. Vs. Union of India & Ors. (Calcutta High Court)

High Court held that reasons provided to the petitioner did not contain any information but it is titled as ‘cash related information detail’ and such information cannot be said to be sufficient for reopening of the assessment.

The Assessing Officer issued notice under Section 148A(b) of the Act on 16.03.2022 stating that he has information which suggests that income chargeable to tax for the relevant assess

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