This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Section 148 Reopening Set Aside as Loose Paper Dated After Sale cannot Justify Reassessment
Case Law Details
- Case Name
- Kantilal Parsotamdas Patel Vs ITO (Gujarat High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Gujarat High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Kantilal Parsotamdas Patel Vs ITO (Gujarat High Court)
The Gujarat High Court considered a challenge to a notice dated 31.03.2025 issued under Section 148 of the Income Tax Act, 1961 for Assessment Year 2020-21. The reassessment proceedings were initiated on the basis of documents allegedly recovered during a search conducted under Section 132 in the case of the BSafal Real Estate and City Estate Management Group, where it was alleged that cash transactions involving real estate had taken place. The petitioners sought quashing of the reassessment notice, contending that there ...
Author Info
