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Rajasthan HC Orders 20% Deposit for Stay in Reassessment Case
Case Law Details
- Case Name
- Samir Andrea Kasliwal Vs PCIT (Rajasthan High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All High Courts, Rajasthan High Court
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Samir Andrea Kasliwal Vs PCIT (Rajasthan High Court)
Rajasthan High Court addressed multiple petitions challenging reassessment orders and demand notices issued under Section 148 of the Income Tax Act, 1961. The petitioner argued that the reassessment for multiple assessment years (2012-13 to 2019-20) was barred by limitation under the new legal regime introduced by the Finance Act, 2021. The petitioner cited the Supreme Court’s ruling in Union of India & Ors. Vs. Rajeev Bansal (2024), which clarified that reassessments could not be extended under the Taxation and Other Laws (Relaxation ...




