HC upheld Section 148A(d) proceedings based on information suggesting potential income discrepancies

Laxmi Meena Vs Union of India & Ors. (Rajasthan High Court)

The case of Laxmi Meena Vs Union of India & Ors. before the Rajasthan High Court revolves around the legality of proceedings initiated under Section 148A(d) of the Income Tax Act, 1961, based on information suggesting potential discrepancies in reported income from a property transaction. Here’s a detailed summary of the case:

Background and Arguments Presented

1. Initiation of Proceedings: The petitioner challenged the proceedings initiated by the Income Tax Officer under Section 148A(d) and Section 148 of the Income Tax Act. These sections empower tax authorities to reopen assessments if there is reason to believe income has escaped assessment.

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