I-T Reassessment Notices Based Solely on Information from Directorate General of GST is Invalid: Bombay HC quashes Notice [Read Order]

The court quashed the order and remanded the matter for de- novo consideration.

The Bombay High Court in a recent judgement has quashed the Income Tax reassessment notices as it was issued merely based on information received from the Directorate General of Goods and Service Tax ( GST ). KEC International Ltd, the petitioner assessee challenged a reassessment notice issued under Section 148A(b) of the Income Tax Act,…

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