2021 (8) TMI 310 - HC - Income Tax

Reopening of assessment u/s 148 - validity of explanation A(a) of Notification 20/21 under the Taxation And Other Laws (Relaxation And Amendment Of Certain Provisions) Act, 2020 - Petitioners states that despite enforcement of the amended Income Tax Act, 1961 with effect from 01.04.2021, the Respondents purport to invoke repealed provisions of Section 148 of the Income Tax Act without following provisions of amended Act, issuing notice dated 07.06.2021 - HELD THAT - Issue notices to the Respondents and Attorney General of India, returnable on 02.08.2021. Mr. Walve, Advocate waives service on behalf of the Respondents. Till the returnable date, no further action be taken based on the impugned notice dated 07.06.2021.

Summary

The Bombay High Court issued an order in response to a petition challenging the enforcement of amended provisions of the Income Tax Act, 1961. The court directed notices to be issued to the Respondents and the Attorney General of India, returnable on 02.08.2021. No further action was allowed based on the impugned notice dated 07.06.2021 until the returnable date.