2024 (1) TMI 1237 - SCH - Income Tax

Reopening of assessment u/s 148 - period of limitation - High Court 2022 (11) TMI 1443 - ALLAHABAD HIGH COURT has quashed the notice and assessment order once it is found that, impugned notice under Section 148 of the Income Tax Act, 1961 was issued to the petitioner on 01.04.2021 i.e. after expiry of limitation on 31.03.2021 HELD THAT - We are not inclined to interfere with the impugned judgment and order passed by the High Court. Hence, the Special Leave Petition is dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition and declined to interfere with the impugned judgment and order passed by the High Court. Pending applications were disposed of.