https://www.taxtmi.com/caselaws?id=765504 The Madras HC quashed a reassessment notice issued under section 148A(b) of the Income Tax Act. The court found that the reasons for the original notice under section 148 dated 28.06.2021 and the subsequent notice under section 148A(b) dated 01.06.2022 were almost identical. Relying on the SC decision in Ashish Agarwal case and Delhi HC ruling in Anindita Sengupta case, the court held that the assessing officer cannot reopen a completed assessment by merely treating the section 148 notice as section 148A(b) notice under the amended provisions. The writ petition was allowed and reassessment order dismissed. en-us Wed, 22 Jan 2025 00:00:00 +0530 Wed, 09 Jul 2025 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765504 The Madras HC quashed a reassessment notice issued under section 148A(b) of the Income Tax Act. The court found that the reasons for the original notice under section 148 dated 28.06.2021 and the subsequent notice under section 148A(b) dated 01.06.2022 were almost identical. Relying on the SC decision in Ashish Agarwal case and Delhi HC ruling in Anindita Sengupta case, the court held that the assessing officer cannot reopen a completed assessment by merely treating the section 148 notice as section 148A(b) notice under the amended provisions. The writ petition was allowed and reassessment order dismissed. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765504