Allowed
Charu Chains and Jewels Pvt. Ltd. v. Assistant Commissioner of Income Tax
Delhi HCW.P.(C)/17202/2022
Case brief
AI extract
What is this about?
The Delhi High Court allowed a writ petition challenging a reopening notice for AY 2015-16. Relying on a Supreme Court concession in Union of India v. Rajeev Bansal that TOLA does not apply to notices dropped due to limitation expiry for this assessment year, the court set aside the notice and consequent proceedings pursuant to Section 148 of the Income Tax Act, 1961.
What did the court decide?
The petition is allowed; the impugned notice under Section 148 and the order under Section 148A(d) are set aside, and all consequent proceedings are set aside.