Hashmat Ishaq Parker vs Income Tax Officer

Parties Involved

Facts Summary

The assessment proceedings were initiated under section 148A of the Income-tax Act, 1961, pursuant to the Risk Management Strategy formulated by the CBDT. The Learned Assessing Officer (Ld. AO) completed the proceedings under section 148 of the Act based on information relating to the purchase of an immovable property and receipt of interest income. Notices were issued, and the amounts were added to the total income of the assessee. The Ld. AO passed an ex parte assessment order due to non-compliance by the assessee. Aggrieved by this order, the assessee appealed before the Learned Commissioner of Income Tax (Appeals) (Ld. CIT(A)), who set aside the assessment order as it was passed ex parte. The assessee then filed an appeal before the ITAT, challenging the validity of the notice issued by the Ld. AO under section 148 of the Act on legal grounds.…

Legal Issues

• 1. Validity of the unsigned notice issued under section 148 of the Act.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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