Reassessment Based on Insight Portal Information must be u/s 147/148, Not Section 153C: Delhi HC

The Delhi High Court ruled that reassessments based on insights from the Income Tax Department’s portal must adhere to Sections 147 and 148 and cannot be pursued under Section 153C. The court observed that using Section 153C inappropriately to initiate proceedings circumvents prescribed procedures, undermining taxpayer rights. This decision clarifies the scope of various reassessment provisions and emphasizes adherence to procedural laws to ensure fair treatment of taxpayers. The judgment reinforces judicial oversight on tax authorities, ensuring they operate within the bounds of established protocols.