Case Law Details
Case Name : Tata Communications Transformation Services Limited Vs ACIT (Bombay High Court)
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All High Courts Bombay High Court
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Tata Communications Transformation Services Limited Vs ACIT (Bombay High Court)
The Division Bench of Hon. Bombay High Court consisting of K.R. SHRIRAM and N.J. JAMADAR, in Tata Communications Transformation Services vs. ACIT and Ors. WP 1334 of 2021 Order dated 29.03.22 quashed the reassessment notices issued after 31.03.21.
The Finance Act, 2021 introduced a new set of reassessment proceedings from 01.04.21.The Central Board of Direct Taxes (C.B.D.T) by way of various notifications had extended the time limit of issuing the notice U/s 148 of the Act up to 30th June, 2021.
The Income tax de...
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