Assessment Quashed for Expanding Scope from one Unit to 119 Apartments Without Section 148A Notice

Satyadeva Builders Vs DCIT (Karnataka High Court) The Karnataka High Court partly allowed a writ petition filed by a partnership firm engaged in the construction business, challenging a notice issued under Section 148A(b) of the Income Tax Act, 1961, the order under Section 148A(d), the assessment order dated 25.02.2026 passed under Section 147 read with Section 144B, and the subsequent penalty show cause notices for the assessment year 2020-21. The petitioner contended that the proceedings initiated under Section 148A referred only to the sale of a single unit. However, the show cause notice ...