Reassessment Invalid Due to Six-Day Notice Period Under Section 148A(b) Instead of Required 7 Days

Massood Gulam Vs ITO (Karnataka High Court) Conclusion: Reassessment notice issued to assessee by AO was quashed due to non-compliance with the statutory requirement of providing a minimum of seven days for the taxpayer to furnish a reply under Section 148A(b). Held: In the instant case, the issue arose for consideration was notice dated 21.03.2023 issued under Section 148A(b) for the Assessment Year 2019-20 calling upon assessee to submit his response / reply within a period of six days which was contrary to the prescribed period of seven days as contemplated under Section 148A(b). Therefore...