JUDGMENT :

(Kamal Khata, J.)

1. This Petition under Article 226 challenges notice under section 148 of the Income-tax Act, 1961 (‘Act’) dated 13th March 2015 issued by Respondent No.1 proposing to reassess the income for the assessment year (‘AY’) 2009-10 and the order dated 30th December 2015, rejecting the objections raised by Petitioner challenging the validity of the said notice.

2. The reasons for opening are as under:

“The return of income in this case for A.Y. 2009-10 was e-filed by the assessee on 30.09.2009 declaring total income at Rs. NIL/.

A search and survey action was carried out by investigation wing in the case of Shri Praveen Kumar Jain and his groups on 01.10.2013. The search action resulted into collection of evidences and other findings which conclusively proved that Shri Praveen Kumar Jain through a web of concerns run and operated by him, is engaged in providing accommodation entries of various nature like bogus unsecured loans, bogus share application and bogus sales (Purchase for the Beneficiaries) etc. As per the information received, it is seen that the foll