Re-Assessment Proceedings without Notice u/s 148 is Invalid: Calcutta HC [Read Order]

Re-Assessment Proceedings - Notice - Calcutta HC - taxscan

The Calcutta High Court has held that the re-assessment proceedings without issuing a notice under section 148 of the Income Tax Act, 1961 is invalid. The petitioner, Govardhan Commodities Pvt. Ltd has challenged the impugned assessment order dated 19th March 2022 under Section 147 read with Section 144 of the Income Tax Act, 1961 relating…

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