https://www.taxtmi.com/caselaws?id=469454 Reassessment notices issued under Section 148 and the consequential orders were held unsustainable where they did not conform to the substituted procedure introduced by the Finance Act, 2021. The Court applied its earlier settled view that, once reassessment is governed by the new statutory regime, notices and further proceedings must strictly comply with that substituted framework; proceedings taken outside it are contrary to law. On that basis, the impugned notices and consequential orders were set aside and quashed, and the writ petitions were allowed. en-us Wed, 18 Sep 2024 00:00:00 +0530 Wed, 17 Jun 2026 19:02:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469454 Reassessment notices issued under Section 148 and the consequential orders were held unsustainable where they did not conform to the substituted procedure introduced by the Finance Act, 2021. The Court applied its earlier settled view that, once reassessment is governed by the new statutory regime, notices and further proceedings must strictly comply with that substituted framework; proceedings taken outside it are contrary to law. On that basis, the impugned notices and consequential orders were set aside and quashed, and the writ petitions were allowed. Case-Laws Income Tax Wed, 18 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469454