https://www.taxtmi.com/caselaws?id=421914 The High Court of Rajasthan declared notices for reassessment under the Finance Act, 2021 issued post 01.04.2021 without following Section 148A procedures as invalid and quashed them. The Court also ruled explanations in notifications by the CBDT as unconstitutional and invalid, emphasizing the limitations of subordinate legislation. The judgment ensured compliance with newly introduced provisions and upheld principles of legality and constitutionality in tax law application. en-us Thu, 07 Apr 2022 00:00:00 +0530 Wed, 04 May 2022 08:32:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421914 The High Court of Rajasthan declared notices for reassessment under the Finance Act, 2021 issued post 01.04.2021 without following Section 148A procedures as invalid and quashed them. The Court also ruled explanations in notifications by the CBDT as unconstitutional and invalid, emphasizing the limitations of subordinate legislation. The judgment ensured compliance with newly introduced provisions and upheld principles of legality and constitutionality in tax law application. Case-Laws Income Tax Thu, 07 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421914