Allowed
Sharad Mishra S/O Shri. Udai Kant Mishra v. Income Tax Officer
Rajasthan HCCW/655/2022
Case brief
AI extract
What is this about?
The Court held that reassessment notices issued under Section 148 after 01.04.2021 must comply with the substituted provisions of the Finance Act, 2021, including the mandatory procedure under Section 148A. Notices issued without following Section 148A were quashed. CBDT notifications attempting to extend the applicability of old provisions were declared ultra vires and invalid.
What did the court decide?
Notice under Section 148 quashed and set aside.