1993 (3) TMI 76 - HC - Income Tax

Summary

The High Court of Allahabad issued a judgment stating that if a petitioner has applied for obtaining reasons recorded by the assessing authority under section 148 of the Income-tax Act, the authority must communicate those reasons to the petitioner within one week of receiving a certified copy of the court order. The petitioner can then file a reply within one week. Proceedings related to assessment years 1988-89 and 1989-90 will be put on hold until the reasons are communicated.