
Order u/s 148A(d) quashed as correct amount of cash deposit was less than Rs. 50 lakhs
April 9, 2024
High Courts, Income Tax
Reopening order u/s 148A(d) quashed as correct amount of cash deposit in bank was less than Rs. 50 lakhs In a recent judgment, the Hon’ble High Court of Punjab and Haryana has quashed the re-assessment order u/s 148A(d) issued after three years as correct amount of cash deposit …

