https://www.taxtmi.com/caselaws?id=428802 The High Court of Calcutta quashed the impugned order under Section 148A(d) of the Income Tax Act, 1961 for the assessment year 2016-17. The court held that the order was issued after the prescribed period and the alleged income escapement was below the specified threshold, rendering it without jurisdiction and contrary to the law. The court emphasized the importance of adherence to statutory provisions and jurisdictional requirements in tax matters, leading to the disposal of the writ petition by quashing the impugned order. en-us Tue, 27 Sep 2022 00:00:00 +0530 Tue, 11 Oct 2022 10:20:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428802 The High Court of Calcutta quashed the impugned order under Section 148A(d) of the Income Tax Act, 1961 for the assessment year 2016-17. The court held that the order was issued after the prescribed period and the alleged income escapement was below the specified threshold, rendering it without jurisdiction and contrary to the law. The court emphasized the importance of adherence to statutory provisions and jurisdictional requirements in tax matters, leading to the disposal of the writ petition by quashing the impugned order. Case-Laws Income Tax Tue, 27 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428802