https://www.taxtmi.com/caselaws?id=415804 The Court granted interim relief by staying the operation of the notice issued under section 148 of the Income Tax Act, 1961, based on the newly inserted provision of section 148A. The Court found that the notifications extending time limits did not override the applicability of section 148A, emphasizing compliance with the new provisions introduced by the Finance Act, 2021. The decision was influenced by judgments from the Allahabad High Court and Rajasthan High Court, highlighting the necessity of following procedural requirements before issuing such notices. The matter was adjourned for further proceedings, allowing the respondents to submit an affidavit-in-opposition. en-us Wed, 08 Dec 2021 00:00:00 +0530 Tue, 14 Dec 2021 08:41:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415804 The Court granted interim relief by staying the operation of the notice issued under section 148 of the Income Tax Act, 1961, based on the newly inserted provision of section 148A. The Court found that the notifications extending time limits did not override the applicability of section 148A, emphasizing compliance with the new provisions introduced by the Finance Act, 2021. The decision was influenced by judgments from the Allahabad High Court and Rajasthan High Court, highlighting the necessity of following procedural requirements before issuing such notices. The matter was adjourned for further proceedings, allowing the respondents to submit an affidavit-in-opposition. Case-Laws Income Tax Wed, 08 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415804