https://www.taxtmi.com/caselaws?id=421855 The judgment upheld the petitioner's challenge to the notice of re-assessment for the assessment year 2014-15 based on the revised provisions of the Finance Act, 2021. It declared notices issued post-01.04.2021 without following the procedure outlined in Section 148A of the Act as invalid. Additionally, the judgment found notifications issued by the CBDT, which aimed to explain time limits for notices under Section 148, unconstitutional and invalid. The impugned notices were quashed, and the revenue's appeals were dismissed, affirming the need to adhere to the revised statutory framework. en-us Wed, 20 Apr 2022 00:00:00 +0530 Tue, 03 May 2022 08:23:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421855 The judgment upheld the petitioner's challenge to the notice of re-assessment for the assessment year 2014-15 based on the revised provisions of the Finance Act, 2021. It declared notices issued post-01.04.2021 without following the procedure outlined in Section 148A of the Act as invalid. Additionally, the judgment found notifications issued by the CBDT, which aimed to explain time limits for notices under Section 148, unconstitutional and invalid. The impugned notices were quashed, and the revenue's appeals were dismissed, affirming the need to adhere to the revised statutory framework. Case-Laws Income Tax Wed, 20 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421855