HC admits ‘Tata Comm.’ writ challenging constitutional validity of issuing reassessment notice under old provisions

INCOME TAX : Where assessee challenged constitutional validity of section 3 of TLA Act, 2020 and Notification No. 20/2021, dated 31-03-2021 issued thereunder contending that even though section 148 was substituted by Finance Act, 2021 w.e.f. 1-4-2021, TLA Act, 2020 allowed revenue to issue reassessment notice under old provisions of section 148, notice was to be issued to revenue and Attorney General of IndiaINCOME TAX : Where assessee challenged constitutional validity of section 3 of TLA Act, 2020 and Notification No. 20/2021, dated 31-03-2021 issued thereunder contending that even though section 148 was substituted by Finance Act, 2021 w.e.f. 1-4-2021, TLA Act, 2020 allowed revenue to issue reassessment notice under old provisions of section 148, notice was to be issued to revenue and Attorney General of Indiawww.taxmann.com Latest Case LawsRead More

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