Notice of reassessment issued as per the old regime after 31st March, 2021- Whether valid?

  1. It is now a matter of common knowledge that the new provisions and the embedded procedure pertaining to the reassessment proceedings has been made effective w.e.f 1st April, 2021, oncethe Finance Bill 2021, which ultimately became the Finance Act, 2021 after being passed by the Parliament and getting the assent of the President of India on 28th March 2021.1. It is now a matter of common knowledge that the new provisions and the embedded procedure pertaining to the reassessment proceedings has been made effective w.e.f 1st April, 2021, oncethe Finance Bill 2021, which ultimately became the Finance Act, 2021 after being passed by the Parliament and getting the assent of the President of India on 28th March 2021.taxmann.com Latest ArticlesRead More

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