https://www.taxtmi.com/caselaws?id=432933 The High Court of Calcutta dismissed the appeal filed by the revenue, upholding the Tribunal's decision regarding the validity of issuing a second notice under Section 148 of the Income Tax Act. The Court emphasized the necessity of disposing of the return filed in response to the first notice before issuing a second notice for reopening assessment proceedings. The appeal was dismissed, and the substantial questions of law were answered against the revenue, with the connected application for stay also being dismissed accordingly. en-us Tue, 13 Dec 2022 00:00:00 +0530 Tue, 17 Jan 2023 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432933 The High Court of Calcutta dismissed the appeal filed by the revenue, upholding the Tribunal's decision regarding the validity of issuing a second notice under Section 148 of the Income Tax Act. The Court emphasized the necessity of disposing of the return filed in response to the first notice before issuing a second notice for reopening assessment proceedings. The appeal was dismissed, and the substantial questions of law were answered against the revenue, with the connected application for stay also being dismissed accordingly. Case-Laws Income Tax Tue, 13 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432933