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Income Tax | Unexplained Bank Credits Cannot Justify Roving Reassessment Inquiry: Karnataka HC

6 Oct 2026 · 6 Oct 2026By CA Vijayakumar ShettySource: TaxGuru

Karnataka HC quashed reassessment as ₹3.34 crore computation and new allegations were not supplied to taxpayer before Section 148A order. The post Unexplained Bank Credits Cannot Justify Roving Reassessment Inquiry: Karnataka HC appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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