AO must give minimum 7 days notice to responds to Section 148 notice

Highgrowth Commodities Trade Private Limited Vs PCIT (Meghalaya High Court)

In a landmark ruling by the Meghalaya High Court, the case of Highgrowth Commodities Trade Private Limited Vs PCIT has set a significant precedent regarding the procedural requirements under Section 148 of the Income-Tax Act, 1961. This judgment underscores the necessity for tax authorities to adhere strictly to the stipulations of Section 148A, particularly regarding the mandatory notice period afforded to assessee.

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