https://www.taxtmi.com/caselaws?id=420374 The court held that reassessment notices issued under Section 148 of the Income Tax Act after the Finance Act, 2021, must comply with the new provisions introduced. Notices issued without following the new procedures were deemed invalid. Additionally, the explanations in CBDT circulars were found to be unconstitutional and unable to save the validity of the notices. Following the precedent set in a previous case, the court quashed the impugned notices, allowing all writ petitions and disposing of pending applications. en-us Wed, 02 Feb 2022 00:00:00 +0530 Fri, 01 Apr 2022 08:34:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420374 The court held that reassessment notices issued under Section 148 of the Income Tax Act after the Finance Act, 2021, must comply with the new provisions introduced. Notices issued without following the new procedures were deemed invalid. Additionally, the explanations in CBDT circulars were found to be unconstitutional and unable to save the validity of the notices. Following the precedent set in a previous case, the court quashed the impugned notices, allowing all writ petitions and disposing of pending applications. Case-Laws Income Tax Wed, 02 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420374