Gujarat HC quashed Section 148 notice for failure to address objections

Deloitte Haskins And Sells Vs ACIT (Gujarat High Court) The High Court recently adjudicated a case concerning a writ petition filed under Article 226 of the Constitution. The petitioner, a partnership firm practicing as chartered accountants under the name “M/s. Deloitte Haskins & Sells,” challenged a notice issued under Section 148 of the Income Tax Act, 1961. The petitioner sought quashing of the notice and requested that the Income Tax Department be restrained from proceeding further. The case primarily revolved around alleged escaped income from foreign entities, including payments...