2024 (4) TMI 891 - HC - Income Tax

Validity of Reopening of assessment u/s 147 - reason to believe - documentary evidence of purchase, delivery and payment to show the genuineness of the transactions entered into - Learned advocate Mr. Karan Sanghani prays for time to call for the original papers containing the documents which are supplied by the petitioner in reply to the notice under Section 148A(b) of the Income Tax Act, 1961. Stand over to 05th March, 2024. To be listed on top of the Board.

Summary

The High Court of Gujarat, with Justices Bhargav D. Karia and Niral R. Mehta, ordered to stand over the case to 05th March, 2024. The advocate requested time to obtain original documents supplied by the petitioner in response to a notice under Section 148A(b) of the Income Tax Act, 1961. The case will be listed at the top of the Board.