Reassessment proceedings based on a pre-01.04.2021 search were quashed as covered by prior High Court precedent.

Reassessment proceedings founded on a search conducted before 01.04.2021 were held to be covered by a prior Division Bench ruling of the same HC, and the parties agreed the issue was no longer res integra. The petition challenging the reassessment action was therefore treated as barred by the earlier concluded position, and the impugned order was quashed. The decision applies the earlier precedent to the stated factual background and grants relief on that basis.

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Issues: Whether the petition challenging reassessment proceedings based on a search conducted before 01.04.2021 was barred by an already concluded issue and liable to be quashed.

Analysis: The parties jointly stated that the issue was no longer res integra and had already been concluded by a prior Division Bench decision of the same High Court. The petition was examined in the light of that decision and the factual background, including that the challenge related mainly to reassessment proceedings founded on a search carried out prior to 01.04.2021. The issue was found to be covered by the earlier ruling.

Conclusion: The petition was allowed and the impugned order was quashed.

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