AO must give minimum 7 days notice to responds to Section 148 notice

Highgrowth Commodities Trade Private Limited Vs PCIT (Meghalaya High Court) In a landmark ruling by the Meghalaya High Court, the case of Highgrowth Commodities Trade Private Limited Vs PCIT has set a significant precedent regarding the procedural requirements under Section 148 of the Income-Tax Act, 1961. This judgment underscores the necessity for tax authorities to adhere strictly to the stipulations of Section 148A, particularly regarding the mandatory notice period afforded to assessee. Detailed Analysis: The crux of the dispute revolved around the issuance of a notice under Section 148...