https://www.taxtmi.com/caselaws?id=413645 The court quashed the reassessment notices issued after 01.04.2021, finding them invalid as they were based on old provisions of the Income Tax Act no longer in force. It declared that reassessment proceedings must adhere to new provisions introduced by the Finance Act, 2021, allowing assessing authorities to initiate proceedings under the updated law. en-us Fri, 08 Oct 2021 00:00:00 +0530 Fri, 24 Dec 2021 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413645 The court quashed the reassessment notices issued after 01.04.2021, finding them invalid as they were based on old provisions of the Income Tax Act no longer in force. It declared that reassessment proceedings must adhere to new provisions introduced by the Finance Act, 2021, allowing assessing authorities to initiate proceedings under the updated law. Case-Laws Income Tax Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413645