https://www.taxtmi.com/caselaws?id=418676 The court ruled that reassessment notices issued after 01.04.2021 must adhere to the new provisions introduced by the Finance Act, 2021, emphasizing the importance of complying with Section 148A procedures. It invalidated notices issued without following the new scheme and declared explanations in CBDT notifications unconstitutional. The court rejected the notion that notifications deferred the application of Section 148 amendments, upholding the quashing of notices and dismissing revenue appeals. The challenged notice was quashed, and the petition was disposed of accordingly. en-us Wed, 09 Feb 2022 00:00:00 +0530 Tue, 22 Feb 2022 07:23:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418676 The court ruled that reassessment notices issued after 01.04.2021 must adhere to the new provisions introduced by the Finance Act, 2021, emphasizing the importance of complying with Section 148A procedures. It invalidated notices issued without following the new scheme and declared explanations in CBDT notifications unconstitutional. The court rejected the notion that notifications deferred the application of Section 148 amendments, upholding the quashing of notices and dismissing revenue appeals. The challenged notice was quashed, and the petition was disposed of accordingly. Case-Laws Income Tax Wed, 09 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418676