Bombay HC Stayed Section 148 Notice as Constitutional Validity Challenged

G M Polyplast Ltd. Vs ACIT (Bombay High Court) The writ petition before the Bombay High Court challenges a notice issued under Section 148 of the Income-tax Act dated 30 March 2025. The petitioner also questions the constitutional validity of clause (iv) of Explanation 2 to Section 148 and clause (c) of the proviso to Section 148A, as applicable up to 31 August 2024, alleging that these provisions are arbitrary, unreasonable, and violative of Article 14 of the Constitution of India. Considering that the petition raises issues of constitutional validity, the Court issued notice to the Attorney ...