Delhi ITAT Quashes Reassessment Over 1st April Service Under New 148A Regime

Mubarak Overseas Private Limited Vs CIT(A) (ITAT Delhi) 31st March Notice, 1st April Delivery – Delhi ITAT Quashes Reassessment for Crossing Into New 148A Regime The Delhi ITAT in Mubarak Overseas Pvt. Ltd. quashed the reassessment proceedings holding that though the notice u/s 148 was digitally signed on 31.03.2021, it was actually dispatched and delivered on 01.04.2021, by which time the new reassessment regime under Sections 148A/149 had already come into force. The assessee produced RTI information and ITBA portal screenshots showing that the notice, though dated 31.03.2021, was serv...