P&H HC Refuses to Quash Section 148 Notice as Reassessment Proceedings Were Still Pending

Anshul Jain Vs PCIT (Punjab and Haryana High Court) The Punjab and Haryana High Court dismissed a writ petition challenging the order dated 31.03.2022 passed under Section 148A(d) of the Income Tax Act, 1961 and the consequential notice issued under Section 148. The petitioner, an assessee under the Act, had filed his return for assessment year 2018-19, which was assessed on 26.03.2021. Subsequently, a notice under Section 148A(b) dated 14.03.2022 was issued alleging escapement of taxable income for the relevant assessment year. The petitioner submitted objections through a communication dated...