https://www.taxtmi.com/caselaws?id=750915 The Delhi HC quashed reassessment proceedings initiated after the Ashish Agarwal SC judgment, holding that the Supreme Court's directions were limited to curing procedural defects in notices issued post-April 1, 2021, not reopening concluded assessments. The court ruled that Ashish Agarwal neither intended nor mandated reopening of completed assessments that had attained finality. The revenue department erred in issuing fresh notices under Section 148A(b) to reopen proceedings already concluded, as the petitioner had contested on merits without challenging notice validity and was not party to the original batch matters. The HC quashed the show cause notice, Section 148A(d) order, and Section 148 notice, deciding in favor of the assessee. en-us Mon, 01 Apr 2024 00:00:00 +0530 Mon, 07 Oct 2024 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750915 The Delhi HC quashed reassessment proceedings initiated after the Ashish Agarwal SC judgment, holding that the Supreme Court's directions were limited to curing procedural defects in notices issued post-April 1, 2021, not reopening concluded assessments. The court ruled that Ashish Agarwal neither intended nor mandated reopening of completed assessments that had attained finality. The revenue department erred in issuing fresh notices under Section 148A(b) to reopen proceedings already concluded, as the petitioner had contested on merits without challenging notice validity and was not party to the original batch matters. The HC quashed the show cause notice, Section 148A(d) order, and Section 148 notice, deciding in favor of the assessee. Case-Laws Income Tax Mon, 01 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750915