GYAN MARKETING ASSOCIATES PVT. LTD. vs INCOME TAX OFFICER, WARD - 10(3), NEW DELHI

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 18.03.2025 W.P.(C) 8230/2023 CM APPL. 31581/2023(Stay) GYAN MARKETING ASSOCIATES PVT. LTD. .....Petitioner Through: Mr. Gaurav Jain, Mr.Shubham Gupta, Ms Shalini and Mr Rahul Prabharkar, Advocates versus INCOME TAX OFFICER, WARD - 10(3), NEW DELHI .....Respondent Through: Mr Siddhartha Sinha, SSC, Ms Dacchita Shahi, Ms Anuja Pethia, JSCs, Mr Srikant Singh and Ms Anu Priya Nisha Minz, Advocates. CORAM: HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MR. JUSTICE TEJAS KARIA VIBHU BAKHRU, J. (ORAL) 1. The petitioner has filed the present petition, inter alia, impugning a notice dated 10.04.2023 [the impugned notice] issued under Section 148 of the Income Tax Act, 1961 [the Act] in respect of the assessment year [AY] 2016-17. 2. The petitioner also impugns a notice dated 20.03.2023 issued under Section 148A(b) of the Act and the order dated 10.04.2023 [the impugned order] passed under Section 148A(d) of the Act, pursuant to the impugned 3. The Assessing Officer [AO] had issued the aforementioned notice under Section 148A(b) of the Act setting out certain information which, according to the AO was suggestive of the petitioner’s income e