Insight Portal Data Valid for Reopening Tax Assessments: Rajasthan HC

Chaturbhuj Gattani S/o Shriniwas Gattani Vs ITO (Rajasthan High Court) The case of Chaturbhuj Gattani, challenging the orders of the Income Tax Officer (ITO) under Section 148 of the Income Tax Act, 1961, revolves around alleged discrepancies in assessment for the assessment year 2019-20. Chaturbhuj Gattani, proprietor of M/s Tirumala Enterprises engaged in marble and granite trading, filed his income tax return for 2019-20, declaring a total income of INR 3,13,390/-. The dispute arises from the Jurisdictional Authority’s issuance of notices under Section 148A(d) of the IT Act based on a...