AdvertisementDR. Ajit Gupta Vs ACIT (Delhi High Court) The Delhi High Court considered four writ petitions challenging notices issued under Section 148 of the Income Tax Act, 1961 for Assessment Years 2006-07 to 2009-10 and the corresponding orders rejecting the assessee’s objections. The notices were issued after the Assessing Officer relied upon the assessee’s letter dated 14.03.2013, furnished during scrutiny proceedings for AY 2010-11, stating that the cash system of accounting had been followed until FY 2008-09 before shifting to the mercantile system. On this basis, the Assessing Officer ...