TaxTMI 
TaxTMI 
2023 (4) TMI 1231
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...., learned senior standing counsel, accepts notice on behalf of the respondents/revenue. 3. In view of the order that we propose to pass, Mr Maratha says that no counter-affidavit is required to be filed in the matter and that he will argue based on the record presently available to the court. Therefore, with the consent of the learned counsels for the parties, the writ petition is taken up for hearing and final disposal at this stage itself. 4. This writ petition concerns Assessment Year (AY) 2015-16. 5. The initial notice under Section 148 of the Income Tax Act, 1961 [in short, "Act"] which was issued to the petitioner is dated 30.06.2021. 5.1 The record also shows that pursuant to the judgment rendered by the Supreme Court in Union of....
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.... a case for AY 2013-14, AY 2014-15 and AY 2015-16, if the income escaping assessment, in that case for that year, amounts to or is likely to amount to less than fifty lakh rupees. Separate instruction shall be issued regarding procedure for disposing these cases. 8.0 Procedure required to be followed by the Assessing Officers to comply with the Supreme Court judgment: 8.1 The procedure required to be followed by the Jurisdictional Assessing Officer/Assessing Officer, in compliance with the order of the Hon'ble Supreme Court, is as under: * The extended reassessment notices are deemed to be show cause notices under clause (b) of section 148A of the Act in accordance with the judgment of Hon'ble Supreme Court. Therefore, all ....
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....ss an order under clause (d) of section 148A of the Act to that effect, with the prior approval of the specified authority of the new law. This order is required to be passed within one month from the end of the month in which the reply is received by him from the assessee. In case no such reply is furnished by the assessee, then the order is required to be passed within one month from the end of the month in which time or extended time allowed to furnish a reply expires. * If it is a fit case to issue a notice under section 148 of the Act, the Assessing Officer shall serve on the assessee a notice under section 148 after obtaining the approval of the specified authority under section 151 of the new law. The copy of the order passed unde....