2022 (12) TMI 119 - SCH - Income Tax

Reopening of assessment u/s 147 - Validity of order passed u/s 148A (d) - HELD THAT - UPON hearing the counsel the Court made the following - Issue notice to the respondents. In the meantime, there shall be interim stay of further proceedings pursuant to the impugned notice dated 29.03.2022.

Summary

The Supreme Court issued an order for interim stay of further proceedings in response to an impugned notice dated 29.03.2022. Notice was issued to the respondents. The case was presided over by Hon'ble Mr. Justice A.S. Bopanna and Hon'ble Mr. Justice S. Ravindra Bhat. Petitioner represented by Ms. Ekakshra Mahajan Mandhar, Adv., Mr. Dhruv Joshi, Adv., Mr. Abhinav Singh, Adv., and Mr. Vardhman Kaushik, AOR.