https://www.taxtmi.com/caselaws?id=756587 The HC quashed the reassessment notice under Section 148 of the Income Tax Act for AY 2020-21, finding no evidence of wrongful IGST refunds for that year. The petitioner successfully demonstrated that the alleged issues pertained to earlier financial years. The Court underscored the necessity for factual accuracy in reassessment actions. en-us Mon, 15 Jul 2024 00:00:00 +0530 Tue, 06 Aug 2024 07:50:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756587 The HC quashed the reassessment notice under Section 148 of the Income Tax Act for AY 2020-21, finding no evidence of wrongful IGST refunds for that year. The petitioner successfully demonstrated that the alleged issues pertained to earlier financial years. The Court underscored the necessity for factual accuracy in reassessment actions. Case-Laws Income Tax Mon, 15 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756587