https://www.taxtmi.com/caselaws?id=305608 The High Court declared the Explanations in the Notifications dated 31st March, 2021 and 27th April, 2021 as ultra vires the Relaxation Act, 2020, and therefore invalid in law. Consequently, the Court quashed the reassessment notices issued under Section 148 of the Income Tax Act, 1961, and allowed the writ petitions. The respondents/revenue were granted the liberty to take further steps in accordance with the law, while the petitioners were given the right to seek remedies if they had grievances regarding any subsequent actions by the respondents/revenue. en-us Thu, 24 Mar 2022 00:00:00 +0530 Thu, 15 Dec 2022 09:28:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305608 The High Court declared the Explanations in the Notifications dated 31st March, 2021 and 27th April, 2021 as ultra vires the Relaxation Act, 2020, and therefore invalid in law. Consequently, the Court quashed the reassessment notices issued under Section 148 of the Income Tax Act, 1961, and allowed the writ petitions. The respondents/revenue were granted the liberty to take further steps in accordance with the law, while the petitioners were given the right to seek remedies if they had grievances regarding any subsequent actions by the respondents/revenue. Case-Laws Income Tax Thu, 24 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305608