https://www.taxtmi.com/caselaws?id=418674 The High Court ruled that reassessment notices issued without following the new provisions introduced by the Finance Act, 2021 post-01.04.2021 are invalid. The judgment emphasized the necessity of adhering to the revised reassessment procedures, including conducting inquiries before issuing notices and complying with modified time limits. The Court quashed the impugned notices, affirming that the new provisions must be applied to notices issued after 01.04.2021, ultimately declaring the reassessment notices as invalid. en-us Mon, 07 Feb 2022 00:00:00 +0530 Tue, 22 Feb 2022 07:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418674 The High Court ruled that reassessment notices issued without following the new provisions introduced by the Finance Act, 2021 post-01.04.2021 are invalid. The judgment emphasized the necessity of adhering to the revised reassessment procedures, including conducting inquiries before issuing notices and complying with modified time limits. The Court quashed the impugned notices, affirming that the new provisions must be applied to notices issued after 01.04.2021, ultimately declaring the reassessment notices as invalid. Case-Laws Income Tax Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418674