M/S Omaxe Buildhome Limited v. Deputy Commissioner of Income Tax Central Circle I and Others
Case brief
What is this about?
In CWP-15907-2025, the Punjab and Haryana High Court allowed the petitioner's writ petition. Relying on a dated 10.09.2026 judgment in Jyoti Sareen, the Court quashed an income-tax reopening notice under section 148 of the Income Tax Act, 1961. The judgment was an oral decision based on a mutual agreement between counsel to apply the earlier ruling.
What did the court decide?
Quashing of impugned notice dated 30.03.2023 issued u/s 148 of the Income Tax Act, 1961 and consequential proceedings.