https://www.taxtmi.com/caselaws?id=460564 The Rajasthan HC ruled that notices issued under Section 148 of the Income Tax Act post-amendment, effective from 01.04.2021, must be treated as notices under Section 148A(b) following the Supreme Court's directive in Union of India Vs. Ashish Agarwal. Consequently, the notice served on 01.04.2021 was deemed invalid under the amended provisions. As a result, the scrutiny assessment order dated 24.03.2022 and the associated demand notice were declared ineffective. The court ordered the refund of any pre-deposit amount and upheld the petitioner's right to challenge future reassessment orders. en-us Mon, 10 Jul 2023 00:00:00 +0530 Fri, 31 Jan 2025 18:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460564 The Rajasthan HC ruled that notices issued under Section 148 of the Income Tax Act post-amendment, effective from 01.04.2021, must be treated as notices under Section 148A(b) following the Supreme Court's directive in Union of India Vs. Ashish Agarwal. Consequently, the notice served on 01.04.2021 was deemed invalid under the amended provisions. As a result, the scrutiny assessment order dated 24.03.2022 and the associated demand notice were declared ineffective. The court ordered the refund of any pre-deposit amount and upheld the petitioner's right to challenge future reassessment orders. Case-Laws Income Tax Mon, 10 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460564