https://www.taxtmi.com/caselaws?id=304896 The Orissa High Court quashed notices issued by the Income Tax Department under Section 148 of the Income Tax Act, 1961, in cases where the notices were issued before the amendment by the Finance Act of 2021 and the relevant assessment year exceeded four years from the date of reopening. The Court rejected the Revenue's argument that time limits were extended by notifications under the Taxation and other laws Act, 2020, stating they did not apply to pre-amendment notices. The Court referred to a previous case and ruled to quash the notices, allowing the writ petitions without imposing costs. en-us Mon, 24 Jan 2022 00:00:00 +0530 Fri, 11 Aug 2023 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304896 The Orissa High Court quashed notices issued by the Income Tax Department under Section 148 of the Income Tax Act, 1961, in cases where the notices were issued before the amendment by the Finance Act of 2021 and the relevant assessment year exceeded four years from the date of reopening. The Court rejected the Revenue's argument that time limits were extended by notifications under the Taxation and other laws Act, 2020, stating they did not apply to pre-amendment notices. The Court referred to a previous case and ruled to quash the notices, allowing the writ petitions without imposing costs. Case-Laws Income Tax Mon, 24 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304896