https://www.taxtmi.com/caselaws?id=410619 The Court held that the challenged notices under section 148 of the Income Tax Act, 1961 were invalid as they were issued without prior notice under section 148A. It found that the notifications issued by the Central Board of Direct Taxes exceeded the Central Government's authority by clarifying the application of pre-amended sections post-April 1, 2021. Consequently, the Court granted a stay on the operation of the notices and scheduled the next hearing for September 28, 2021, directing the filing of counter-affidavits. en-us Tue, 13 Jul 2021 00:00:00 +0530 Thu, 05 Aug 2021 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410619 The Court held that the challenged notices under section 148 of the Income Tax Act, 1961 were invalid as they were issued without prior notice under section 148A. It found that the notifications issued by the Central Board of Direct Taxes exceeded the Central Government's authority by clarifying the application of pre-amended sections post-April 1, 2021. Consequently, the Court granted a stay on the operation of the notices and scheduled the next hearing for September 28, 2021, directing the filing of counter-affidavits. Case-Laws Income Tax Tue, 13 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410619