https://www.taxtmi.com/caselaws?id=419139 The High Court of Calcutta allowed multiple Writ Petitions challenging re-assessment notices issued post 31st March, 2021 under Section 148 of the Income Tax Act. The Court declared explanations to certain notifications as ultra vires the Relaxation Act, 2020, invalidating them. All impugned notices were quashed, allowing Assessing Officers to initiate fresh re-assessment proceedings in compliance with the law. The judgment clarified legal issues, emphasizing adherence to statutory formalities and upholding the validity of re-assessment proceedings under the Income Tax Act post 31st March, 2021. en-us Tue, 01 Mar 2022 00:00:00 +0530 Fri, 04 Mar 2022 08:55:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419139 The High Court of Calcutta allowed multiple Writ Petitions challenging re-assessment notices issued post 31st March, 2021 under Section 148 of the Income Tax Act. The Court declared explanations to certain notifications as ultra vires the Relaxation Act, 2020, invalidating them. All impugned notices were quashed, allowing Assessing Officers to initiate fresh re-assessment proceedings in compliance with the law. The judgment clarified legal issues, emphasizing adherence to statutory formalities and upholding the validity of re-assessment proceedings under the Income Tax Act post 31st March, 2021. Case-Laws Income Tax Tue, 01 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419139