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    <title>2024 (4) TMI 1336 - BOMBAY HIGH COURT</title>
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    <description>HC allowed the writ petition, holding that the impugned reassessment proceedings were invalid. Both parties accepted that the controversy was squarely covered by the HC&#039;s recent decision in Godrej Industries Ltd. Applying that precedent, the HC quashed and set aside the orders passed under s.148A(d) and the consequent notices issued under s.148 of the Income-tax Act. All consequential notices and orders were also annulled. The result is that the original assessments remain undisturbed, and the Revenue is barred from proceeding with the challenged reassessment for the relevant year.</description>
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    <pubDate>Wed, 03 Apr 2024 00:00:00 +0530</pubDate>
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      <title>2024 (4) TMI 1336 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=465017</link>
      <description>HC allowed the writ petition, holding that the impugned reassessment proceedings were invalid. Both parties accepted that the controversy was squarely covered by the HC&#039;s recent decision in Godrej Industries Ltd. Applying that precedent, the HC quashed and set aside the orders passed under s.148A(d) and the consequent notices issued under s.148 of the Income-tax Act. All consequential notices and orders were also annulled. The result is that the original assessments remain undisturbed, and the Revenue is barred from proceeding with the challenged reassessment for the relevant year.</description>
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      <pubDate>Wed, 03 Apr 2024 00:00:00 +0530</pubDate>
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