Karnataka HC Quashes Reassessment: Notices Invalid Due to Section 151A Breach

Bangalore International Airport Ltd. Vs DCIT (Karnataka High Court) Title 1: High Court Quashes Reassessment: Notices Invalid Due to Sec. 151A Breach Faceless Reassessment Voided: Failure to Follow Statutory Sec. 151A Procedure; Karnataka HC quashes reassessment notice to BIAL – follows Ramachandra Reddy ruling on Sec.151A jurisdiction; Tax Reopening Notices Struck Down: Lack of Jurisdiction Under Faceless Regime The Petitioner, Bangalore International Airport Ltd. (BIAL), represented by CFO, challenged the reassessment proceedings for AY 2021-22 initiated by the DCIT, Circle-2(1)(1), Benga...