Calcutta HC Stays AO Notice Issued Contrary to Income Tax Section 151A

Vindya Agencies Private Limited Vs ACIT (Calcutta High Court) In the case of Vindya Agencies Private Limited Vs ACIT, the Calcutta High Court issued a stay on a notice issued under Section 148 of the Income Tax Act, dated April 22, 2024, concerning the assessment year 2017-18. The petitioner challenged the legality of this notice, arguing that it was issued by the jurisdictional assessing officer in violation of Section 151A of the Income Tax Act and the related scheme notified on March 29, 2022. The petitioner contended that the approval granted under Section 151 was flawed and did not adequa...