Tag Archives: Ratnalaya Jewellers

Reassessment Notice Issued Under Duplicate PAN Valid as High Court Cannot Evaluate Sufficiency of Reasons

By | November 6, 2026

Reassessment Notice Issued Under Duplicate PAN Valid as High Court Cannot Evaluate Sufficiency of Reasons Issue Whether a reassessment notice issued under section 148 against an assessee’s duplicate, non-operational PAN for unexplained cash deposits is legally sustainable when the assessee claims the underlying bank transactions were fully disclosed in returns filed under its primary PAN.… Read More »