Arup Kumar Chatterjee v. Union of India and Ors.
Case brief
What is this about?
Quashing of income-tax reassessment initiated via Section 148A(d) order dated 29.07.2022 (notice Section 148A(b) dated 01.06.2022) alleging inflation of Written Down Value (WDV); single-line rejection of assessee's reply dated 30.06.2022 held perverse, total non-application of mind; same issue earlier examined in Section 143(3) scrutiny assessment order dated 26.12.2018 (paragraphs 9, 5; additions made) so reopening deemed change of opinion, wholly unjustified and without jurisdiction; appeal MAT 435 of 2023 and CAN 1 of 2023 allowed; writ petition WPA 27010 of 2022 allowed; consequential Section 148 notice quashed; decided 09.01.2024; bench: T. S. Sivagnanam (Chief Justice) and Supratim Bhattacharya.
What did the court decide?
Appeal MAT 435 of 2023 and I.A. No.CAN 1 of 2023 allowed; order passed in WPA 27010 of 2022 set aside; writ petition allowed; Section 148A(d) order dated 29th July, 2022 and consequential Section 148 notice quashed; no costs.