Section 148A – smeaccountant

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Section 148A Reassessment Quashed Over Unexamined Loan Confirmations

Learn how an income tax reassessment notice under Section 148A was successfully quashed due to unexamined loan confirmations and procedural lapses.

Prasenjit Bhowmik October 31, 2026

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ITAT Raipur Quashes Tax Reassessment Over Notice Period Violation

ITAT Raipur quashed an income tax reassessment because the statutory notice under Section 148A(b) provided only six days for a reply instead of seven.

Prasenjit Bhowmik October 19, 2026