TMI Blog2022 (5) TMI 1434X X X X Extracts X X X X X X X X Extracts X X X X ..... point of issuance of jurisdictional notice and assumption of jurisdiction under Section 148 of the Act, 1961, in Uphill Farms Private Limited Vs. Union Of India and Another 2022 (5) TMI 375 - ALLAHABAD HIGH COURT] the impugned notice under Section 148 of the Act, 1961 prima facie can not be said to be without jurisdiction. We have carefully considered the submissions of the learned counsel fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... u Ghildyal ORDER Heard Sri Abhinav Mehrotra, learned counsel for the petitioner and Sri S.P. Singh, learned Additional Solicitor General of India, assisted by Sri Dinesh Varun, learned counsel for the respondent no.1 and Sri Manu Ghildyal, learned counsel for the Income Tax Department. This writ petition was heard at length on 23.03.2022, 04.04.2022 18.04.2022 and 05.05.2022. On 05. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... amount of Rs.12,39,51,000/-. That apart, there was another information in possession of Assessing Authority regarding cash deposit of Rs.10,63,500/-. Thus, the total amount of deposit shown of Rs.12,50,14,500/-. However, the aforesaid information of cash deposit in Union Bank of India of Rs.12,39,51,000/- was infact the information of cash deposit of Rs.2,06,58,500/-. Thus, prima facie it appea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n on record. We have carefully considered the submissions of the learned counsel for the parties and we find that assessing authority has information about cash deposit of Rs. 02,06,58,500/- which was not irrelevant or unfounded. Thus, the impugned jurisdictional notice under section 148 of the Income Tax Act, 1961 cannot be said to be without jurisdiction. For the reasons aforestated, we do ..... X X X X Extracts X X X X X X X X Extracts X X X X
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