Validity of 148 issued on 20.07.2022

[Ajay Ajmera]

Dear all Recently on 03.10.2024, Honble Supreme court has delivered its judgement on validity of 148 Notices issued between 01.04.2021 to 30.06.2021. please advise whether 148 for A.Y. 2013-14 issued on 20.07.2022 is valid or not, having regards to the following facts:- 1. Original 148:28.06.2021 2. 148A(1)(d); 26.05.2022 3. Time allowed to response: 09.06.2022 4.Date of Assessee Submissions: 03.06.2022 5. Date of new 148: 20.07.2022

AI Summary

Validity of Section 148 Notice for 2013-14 in Question After Supreme Court Ruling; Potentially Time-Barred. A discussion on a forum addresses the validity of a Section 148 notice issued on 20.07.2022 for the assessment year 2013-14. The query arose following a Supreme Court judgment regarding the validity of notices issued between 01.04.2021 and 30.06.2021. Key dates include the original notice on 28.06.2021, a follow-up on 26.05.2022, and the taxpayer's submission on 03.06.2022. The respondent, Dr. Mariappan Govindarajan, opines that the notice is time-barred, suggesting it may not be valid.