https://www.taxtmi.com/caselaws?id=423911 The Supreme Court held that notices issued under Section 148 of the Income Tax Act post 01.04.2021 but under the unamended provision should be deemed issued under Section 148A. This allows the Revenue to proceed with reassessment under the new provisions, subject to compliance with procedural requirements. The decision applies nationwide and is binding on similar cases. The Court invoked Article 142 to streamline the process, with the Central Board of Direct Taxes instructed to implement the judgment. The writ petitions were disposed of in accordance with the Court's ruling in Ashish Agarwal, with no costs awarded. en-us Thu, 09 Jun 2022 00:00:00 +0530 Fri, 17 Jun 2022 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423911 The Supreme Court held that notices issued under Section 148 of the Income Tax Act post 01.04.2021 but under the unamended provision should be deemed issued under Section 148A. This allows the Revenue to proceed with reassessment under the new provisions, subject to compliance with procedural requirements. The decision applies nationwide and is binding on similar cases. The Court invoked Article 142 to streamline the process, with the Central Board of Direct Taxes instructed to implement the judgment. The writ petitions were disposed of in accordance with the Court's ruling in Ashish Agarwal, with no costs awarded. Case-Laws Income Tax Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423911