https://www.taxtmi.com/caselaws?id=429828 The High Court addressed a challenge in a writ petition regarding notices issued by the Income Tax Department to reopen the assessment for AY 2013-14. The Court found that the subsequent notices dated 1st April and 5th April, 2021, did not comply with mandatory requirements under Section 148-A of the Act and were quashed. The initial notice dated 31st March, 2021, exceeded time limits set under Section 149, leading to its quashing as well. The Court allowed the Department to initiate fresh proceedings under Section 147, provided they adhere to legal requirements as per the amended provisions under the Finance Act, 2021. en-us Tue, 01 Nov 2022 00:00:00 +0530 Mon, 14 Aug 2023 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429828 The High Court addressed a challenge in a writ petition regarding notices issued by the Income Tax Department to reopen the assessment for AY 2013-14. The Court found that the subsequent notices dated 1st April and 5th April, 2021, did not comply with mandatory requirements under Section 148-A of the Act and were quashed. The initial notice dated 31st March, 2021, exceeded time limits set under Section 149, leading to its quashing as well. The Court allowed the Department to initiate fresh proceedings under Section 147, provided they adhere to legal requirements as per the amended provisions under the Finance Act, 2021. Case-Laws Income Tax Tue, 01 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429828