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![Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Tax-Act-reasons-to-believe-proceedings-ITAT-Re-assessment-Order-taxscan.jpg "Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]")
Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]
“Since the jurisdictional issue has been held in favour of the assessee, holding assessment order as not sustainable”, stated the Kolkata bench of...
![Power of Seizure of Goods can be resorted to only when the Officer has ‘reasons to believe’ the goods are liable to confiscation: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Power-of-Seizure-of-Goods-reasons-to-believe-goods-confiscation-Taxscan.jpg "Power of Seizure of Goods can be resorted to only when the Officer has ‘reasons to believe’ the goods are liable to confiscation: Allahabad HC [Read Order]")