The Delhi High Court has set aside the order under section 148A(d)

 The Delhi High Court has set aside the order under section 148A(d) 

The Delhi High Court has set aside the order under section 148A(d) of the Act and held that information/material which formed the basis for triggering the assessment/reassessment proceedings was required to be furnished to the assessee. In this case, the AO observed that certain unsecured loan transactions entered by the assessee were accommodation entries, but he did not provide the entire material on which he relied to the assessee.



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