HC quashes Reassessment order passed Without issuing Section 148 Notice

Govardhan Commodities Pvt. Ltd. Vs. ACIT/DCIT (Calcutta High Court) In this matter, petitioner has challenged the impugned assessment order dated 19th March, 2022 under Section 147 read with Section 144 of the Income Tax Act, 1961 relating to the assessment year 2014-15 being Annexure P-5 to the writ petition, on the ground that the same was passed without serving any notice under Section 148 of the Income Tax Act, 1961 which is a condition precedent for initiating proceeding under Section 147 of the Act. It appears from record annexed to the writ petition that petitioner after getting the imp...