Income Tax Act section 148

[ad_1] The Supreme Court on Wednesday held that the reassessment notices issued under the unamended Section 148 of the Income Tax Act on or after April 1, 2021, will not be deemed to be invalid just because they were issued under the old law. While modifying the relevant orders of various high courts that quashed …

Tax reassessment: Supreme Court sets aside HC orders, revives show-cause notices Read More »