2022 (9) TMI 194 - HC - Income Tax

Reopening of assessment - validity of impugned order u/s 148 A(d) being without jurisdiction and being barred by limitation - initiation of re-opening of the assessment has been made admittedly after six years from the end of the expiry of the period of relevant assessment year - HELD THAT - As the respondent is not in a position to contradict the aforesaid factual and legal position. This writ petition is disposed of by quashing the aforesaid impugned order.

Summary

The High Court of Calcutta quashed an impugned order under Section 148 A(d) of the Income Tax Act, 1961 dated 29th July, 2022, for the assessment year 2014-2015 as it was made after the six-year limitation period. The writ petition WPO No. 2450 of 2022 was disposed of in favor of the petitioner.