Delhi HC Orders Re-Adjudication on Same-Day Notice & Reassessment Order

Premium Estates Private Limited Vs ACIT (Delhi High Court) Introduction: The Delhi High Court recently ruled in the case of Premium Estates Private Limited vs. Assistant Commissioner of Income Tax (ACIT) regarding the receipt of a Section 148A(b) notice on the same day as the reassessment order. Analysis: The petitioner challenged the order passed under Section 148A(d) of the Income Tax Act, 1961, along with a consequential notice issued under Section 148 of the Act. The main contention was that the petitioner did not receive a notice under Section 148A(b) of the Act until the same day the ord...