Dismissed
Vasudev Gangwani Son of Shri Ram Chand Gangwani v. Assistant Commissioner of Income Tax
Rajasthan HCCW/14792/2022
Case brief
AI extract
What is this about?
This order dismisses a large bunch of writ petitions challenging the validity of income tax reassessment notices issued under Section 148 of the Income Tax Act, 1961. The High Court held that the notices remained valid and the Jurisdictional Assessing Officer retained jurisdiction to proceed, relying on Supreme Court precedents regarding TOLA and the post-2021 faceless regime.
What did the court decide?
The writ petitions are disposed of. The revenue is directed to examine each case individually to determine if proceedings are time-barred or fall below the valuation threshold of Rs. 50 lakhs to be dr