https://www.taxtmi.com/caselaws?id=420255 The Court declared the explanations to certain notifications as ultra vires the Relaxation Act, 2020, and quashed the impugned notice under Section 148 of the Income Tax Act. Assessing Officers were permitted to initiate fresh reassessment proceedings in accordance with the amended provisions of the Act by the Finance Act, 2021. The petitioner was ordered to pay a cost of Rs. 5000 to the High Court Legal Services Committee. Compliance mention was scheduled, and parties were instructed to obtain urgent certified photocopies of the order. en-us Fri, 25 Mar 2022 00:00:00 +0530 Wed, 30 Mar 2022 08:34:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420255 The Court declared the explanations to certain notifications as ultra vires the Relaxation Act, 2020, and quashed the impugned notice under Section 148 of the Income Tax Act. Assessing Officers were permitted to initiate fresh reassessment proceedings in accordance with the amended provisions of the Act by the Finance Act, 2021. The petitioner was ordered to pay a cost of Rs. 5000 to the High Court Legal Services Committee. Compliance mention was scheduled, and parties were instructed to obtain urgent certified photocopies of the order. Case-Laws Income Tax Fri, 25 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420255