Hashmat Ishaq Parker vs Income Tax Officer
Case No: ITA No.4071/Mum/2025 & ITA No.3973/Mum/2025
Court: Income Tax Appellate Tribunal, Mumbai Bench ‘E’
Date: 1/14/2026
Parties Involved
appellantHashmat Ishaq Parker
respondentIncome Tax Officer
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-compl…
Decision in favour of
Assessee
Legal Issues
- 1. Validity of the unsigned notice issued under section 148 of the Act.
Precedents Relied Upon
3 precedents cited in this judgement.