https://www.taxtmi.com/caselaws?id=415952 The court restrained the authorities from proceeding with the reassessment of income/loss for the assessment year 2014-15 under Section 148 of the Income Tax Act, following a final order issued under Section 245D(4) for the years 2007-08 to 2014-15. The petitioners argued that the order under Section 245D(4) was conclusive and could not be reopened. The court issued notices for writ petitions and stay applications, scheduling the next hearing for 24.01.2022 and directing the matters to be listed together. en-us Tue, 14 Dec 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:54:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415952 The court restrained the authorities from proceeding with the reassessment of income/loss for the assessment year 2014-15 under Section 148 of the Income Tax Act, following a final order issued under Section 245D(4) for the years 2007-08 to 2014-15. The petitioners argued that the order under Section 245D(4) was conclusive and could not be reopened. The court issued notices for writ petitions and stay applications, scheduling the next hearing for 24.01.2022 and directing the matters to be listed together. Case-Laws Income Tax Tue, 14 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415952