Gujarat High Court Quashes Reassessment Notice in Income Tax Case Due to Non-Compliance with Section 148A(b) — TOLA Extension Invalid for AY 2015-2016. Reassessment notice under section 148 of Income Tax Act, 1961 issued after 01.04.2021 without following section 148A procedure is invalid, and TOLA cannot extend time limit for old regime notices....
The petitioner, Nirman Multiarts Pvt. Ltd., challenged a reassessment notice issued under section 148 of the Income Tax Act, 1961 for Assessment Year 2015-2016. The notice was issued on 25.06.2021 und...




