Back to Articles
Tax & ComplianceTaxGuru

₹12.50 Lakh FDR Wrongly Reported as ₹12.50 Crore: Reassessment Quashed by Patna HC

20 Aug 2026 · 20 Aug 2026By CA Sandeep Kanoi

Patna HC set aside reassessment proceedings for AY 2015-16 after Bank confirmed wrong deposit information, holding notice under Section 148A(b) impermissible. The post ₹12.50 Lakh FDR Wrongly Reported as ₹12.50 Crore: Reassessment Quashed by Patna HC appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

Read on TaxGuru

More Articles