https://www.taxtmi.com/caselaws?id=418038 The High Court of Calcutta allowed all Writ Petitions challenging re-assessment notices under Section 148 of the Income Tax Act post 31st March, 2021. The Court declared certain explanations in Notifications as ultra vires the Relaxation Act, 2020, quashing all impugned notices and allowing Assessing Officers to initiate fresh re-assessment proceedings in compliance with amended provisions post the Finance Act, 2021. The Court also dismissed a notice issued in the name of a non-existing company, acknowledging its amalgamation before the notice was issued. en-us Wed, 02 Feb 2022 00:00:00 +0530 Sat, 05 Feb 2022 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418038 The High Court of Calcutta allowed all Writ Petitions challenging re-assessment notices under Section 148 of the Income Tax Act post 31st March, 2021. The Court declared certain explanations in Notifications as ultra vires the Relaxation Act, 2020, quashing all impugned notices and allowing Assessing Officers to initiate fresh re-assessment proceedings in compliance with amended provisions post the Finance Act, 2021. The Court also dismissed a notice issued in the name of a non-existing company, acknowledging its amalgamation before the notice was issued. Case-Laws Income Tax Wed, 02 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418038