Allowed
Ireo Grace Realtech Private Limited v. Acit (Osd), New Delhi & Anr.
Delhi HCW.P.(C)/17190/2022
Case brief
AI extract
What is this about?
The Delhi High Court allowed W.P.(C) 17190/2022, quashing an impugned order under Section 148A(d) of the Income Tax Act, 1961, and consequential proceedings due to lack of specified authority approval, relying on Twylight Infrastructure. W.P.(C) 140/2023 was adjourned for filing counter affidavit; interim order continued.
What did the court decide?
Impugned order dated 31 July 2022 under Section 148A(d) of the Income Tax Act and consequential proceedings quashed with liberty to revenue to commence reassessment proceedings afresh.