The Delhi High Court recently stayed income tax proceedings against public policy think tank Centre for Policy Research (CPR) after it moved a plea against notices issued by the Income Tax department. It issued notice to the Deputy Commissioner of Income Tax, Central Circle 14 and another respondent. Hence, it said, the information which emerged after the survey would be deemed as information “suggesting that income chargeable to tax has escaped assessment”. It had also challenged an April 19 order under Section 148A(d) as well as a consequential notice of April 19 issued under Section 148 (issue of notice where income has escaped assessment). Section 148A pertains to conducting of inquiry and providing opportunity before issuance of notice under section 148.

Source: Indian Express May 31, 2023 13:51 UTC