https://www.taxtmi.com/caselaws?id=763692 The Bombay HC dismissed the petition after finding that the petitioner had already availed alternate remedies under the Income Tax Act by filing a substantive appeal. The court held that appellate and revisionary authorities are bound by the HC's decision in Hexaware regarding validity of reassessment notices under sections 148A and 148 when proper sanction under sections 151A and 151 is not obtained. The petitioner was directed to pursue proceedings before CIT(A) and revisionary authority, with liberty to raise contentions about illegality of section 148 notice. The impugned assessment order was stayed pending disposal of appellate/revisionary proceedings. en-us Thu, 19 Dec 2024 00:00:00 +0530 Thu, 26 Dec 2024 08:45:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763692 The Bombay HC dismissed the petition after finding that the petitioner had already availed alternate remedies under the Income Tax Act by filing a substantive appeal. The court held that appellate and revisionary authorities are bound by the HC's decision in Hexaware regarding validity of reassessment notices under sections 148A and 148 when proper sanction under sections 151A and 151 is not obtained. The petitioner was directed to pursue proceedings before CIT(A) and revisionary authority, with liberty to raise contentions about illegality of section 148 notice. The impugned assessment order was stayed pending disposal of appellate/revisionary proceedings. Case-Laws Income Tax Thu, 19 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763692