https://www.taxtmi.com/caselaws?id=428525 The court declared the explanations in the notifications dated 31.03.2021 and 27.04.2021 as ultra vires and struck them down. The notice issued under Section 148 for the assessment year 2016-17 was deemed invalid due to non-compliance with mandatory procedures. The Assessing Officer was allowed to initiate fresh reassessment proceedings in accordance with the amended provisions of the Income Tax Act. en-us Mon, 18 Apr 2022 00:00:00 +0530 Mon, 03 Oct 2022 08:57:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428525 The court declared the explanations in the notifications dated 31.03.2021 and 27.04.2021 as ultra vires and struck them down. The notice issued under Section 148 for the assessment year 2016-17 was deemed invalid due to non-compliance with mandatory procedures. The Assessing Officer was allowed to initiate fresh reassessment proceedings in accordance with the amended provisions of the Income Tax Act. Case-Laws Income Tax Mon, 18 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428525