Tag: income tax law

GKN Drive Shafts (India) Ltd. v. Income Tax Officer

GKN Driveshafts (India) Ltd. is one of the most landmark judgments in regards to the interpretation of S. 148 of the Income-tax. It primarily talks about the Assessee’s right to seek reasons for notice given under the aegis of S 148 of Income Tax. The judgment suggests a model way tackle notices received under the […]

Canara Bank v Shri Debasis Das

This is in continuation to the post I made yesterday, therein it was contended that under the aegis of Section 148 of Income Tax Act, 1961, the assessing officer while issuing the notice ought to have disclosed the “reasons of belief”. Whereas the subsection of the abovementioned section makes it compulsory on part of the […]

Mithlesh Kumar Tripathi v. Commissioner of Income-tax

Recently had an opportunity to deal in a matter involving S 148 of the Income Tax Act, wherein the assessee was served with a notice under the aegis of the abovementioned section. To my utter surprise when I looked prima facie at the Section it just mentioned that the Assessing officer had grounds to believe […]