Reassessment Proceedings cannot be in Nature of Review: Karnataka HC quashes Re-Assessment Notice issued under Income Tax Act [Read Order]

Quashing a reassessment notice issued under the Income Tax Act, the Karnataka HC observed that the reassessment proceedings cannot be in the nature of review

By Kalyani B. Nair - On December 23, 2023 8:34 pm - 2 mins read

Karnataka High Court - Income Tax Act - reassessment notice - TAXSCAN

The Karnataka High Court quashed a reassessment notice issued under the Income Tax Act, 1961, and observed that the reassessment proceedings cannot be in the nature of review. The petitioner, EIT Services India Private Limited, has filed three Writ Petitions before the Court. The petitioner who is common in all these Writ Petitions has sought…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?

Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)

₹1199 + GST for 1 year

Subscribe Now

Topics