JUDGMENT :

Rajiv Shakdher, J.

TABLE OF CONTENTS

Preface ............................................................................................................... 2

Background facts ............................................................................................... 2

Submissions made on behalf of the assessee ...................................................... 5

Submissions advanced on behalf of the Revenue ............................................... 7

Analysis and Reasons ...................................................................................... 10

Conclusion ....................................................................................................... 20

Preface: -

1. This writ petition is directed against notice dated 31.03.2018, issued under Section 148 of the Income Tax Act, 1961 [hereafter referred to as ‘the Act’], and the sanction accorded by respondent no. 2 i.e. the Principal Commissioner of Income Tax, Delhi-VIII on 29.03.2018 for issuance of notice under Section 148 of the Act. The assessee, being aggrieved, has moved this court via the instant writ petition.

Background facts: -

2. To adjudicate upon the writ petition, the following broa