Allowed

M/S Omaxe World Street Private Limited v. Deputy Commissioner of Income Tax Central Circle I and Others

Punjab & Haryana HC11 Sept 2026CWP/16773/2025

Case brief

AI extract

What is this about?

This order allows a writ petition based on consensus between parties and reliance on a prior judgment (Jyoti Sareen). The court quashes an impugned notice issued under Section 148 of the Income Tax Act, 1961, along with consequential proceedings.

What did the court decide?

Quashing of the impugned notice dated 30.03.2023 issued under Section 148 of the Income Tax Act, 1961, along with consequential proceedings.

M/S Omaxe World Street Private Limited Vs Deputy… — Income Tax | Punjab & Haryana HC (2026)

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145

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IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

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CWP-16773-2025
Date of Decision : 11.09.2026

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M/S OMAXE WORLD STREET PRIVATE LIMITED ...PETITIONER

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VERSUS

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DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE I
AND OTHERS ...RESPONDENTS

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CORAM: HON'BLE MR. JUSTICE DEEPAK SIBAL
HON’BLE MR. JUSTICE SUNISH BINDLISH

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Present : Mr. Yuvraj Singh, Advocate and
Ms. Shruti Garg, Advocate, for the petitioner.
(Through VC)
Mr. Ranvijay Singh, Sr. Standing Counsel with
Mr. Vidul Kapoor, Jr. Standing Counsel,
for the respondents-Income Tax Department.
 ****

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DEEPAK SIBAL, J.(Oral)

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1. Learned counsel for the parties agree that the petitioner would
also be entitled to the same relief as has been granted through a judgment of
this Court dated 10.09.2026 passed in CWP-15791-2024 – Jyoti Sareen vs.
Union of Indiaand others.

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2. In the light of the above consensus, the petition is allowed in
terms of JyotiSareen’s case (supra), resulting in quashing of the impugned
notice dated 30.03.2023 issued to the petitioner under Section 148 of the
Income Tax Act, 1961 alongwith consequential proceedings, if any.

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(DEEPAK SIBAL)
JUDGE

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11.09.2026 (SUNISH BINDLISH) Vandana yadav JUDGE

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Whether speaking/reasoned. : Yes/No
Whether Reportable. : Yes/No

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VANDANA YADAV 2026.09.13 12:00 I attest to the accuracy and integrity of this document

M/S Omaxe World Street Private Limited v. Deputy Commissioner of Income Tax Central Circle I and Others

Case brief

What is this about?

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M/S Omaxe World Street Private Limited v. Deputy Commissioner of Income Tax Central Circle I and Others

Case brief

What is this about?

What did the court decide?

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