https://www.taxtmi.com/caselaws?id=779515 HC granted ad-interim relief, holding the impugned notices and the assessment order dated 31 March 2022 stayed and restraining the respondents and their agents from further action; consequently the AO could not treat the Section 148 notice as one under s.148A(b) or pass an order under s.148A(d). The court found prima facie that recovery adjusted against the petitioner was impermissible and directed the Revenue to deposit Rs. 1,63,45,488 into court to abide further orders, rejecting the Revenue's ITBA-based objection. en-us Tue, 23 Sep 2025 00:00:00 +0530 Tue, 07 Oct 2025 08:30:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779515 HC granted ad-interim relief, holding the impugned notices and the assessment order dated 31 March 2022 stayed and restraining the respondents and their agents from further action; consequently the AO could not treat the Section 148 notice as one under s.148A(b) or pass an order under s.148A(d). The court found prima facie that recovery adjusted against the petitioner was impermissible and directed the Revenue to deposit Rs. 1,63,45,488 into court to abide further orders, rejecting the Revenue's ITBA-based objection. Case-Laws Income Tax Tue, 23 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779515