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Delhi High Court Refuses To Quash Reassessment Against Homebuyer Over Alleged Cash Payment To Builder
Kapil Dhyani
7 Jan 2026 7:27 PM IST
The Delhi High Court has refused to interfere with reassessment proceedings initiated against a taxpayer after documents seized from real estate group Bhutani Infra allegedly reflected a cash transaction linked to a flat purchase.A Division Bench of Justices Dinesh Mehta and Vinod Kumar observed that the notice issued under Section 148 of the Income Tax Act cannot be termed as...
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