Maharishi Technology Corporation Private Limited v. Deputy Commissioner of Income Tax Circle 16(1) Delhi & Ors.
Income Tax – Reassessment – Sections 147, 148, 148A(1), 148A(3), Income Tax Act, 1961 – AY 2019-20
Case brief
What is this about?
W.P.(C) 13912/2025, Maharishi Technology Corporation Private Limited v. Deputy Commissioner of Income Tax Circle 16(1) Delhi & Ors., High Court of Delhi (V. Kameswar Rao and Vinod Kumar, JJ.), decided 10.09.2025. Challenge to reassessment for AY 2019-20: s.148A(1) notice dated 31.03.2025 issued on wrong PAN ('AACCM0458M' vs petitioner's 'AAACM8525B'); s.148A(3) order dated 26.06.2025 stating 'no plausible reply has been received till date' despite reply dated 17.04.2025 citing dropped proceedings for AY 2018-19 and 2020-21; s.148 notice dated 26.06.2025. Held: s.148A(3) order and s.148 notice set aside; AO to reconsider reply and pass reasoned order within 6 weeks. Petition disposed; CM APPL. 56967/2025 (exemption) allowed and disposed; CM APPL. 56966/2025 taken with the writ. No precedents cited. Keywords: reassessment, Section 148A, Section 148, PAN mismatch, amalgamation, reasoned order, natural justice, AY 2019-20.