Calcutta HC Stays Income Tax Notice Issued under Section 148

Mortex India Private Limited Vs ACIT (Calcutta High Court) In the case of Mortex India Private Limited vs. ACIT, the Calcutta High Court has stayed the notice issued under Section 148 of the Income Tax Act, 1961, until the final resolution of the writ petition. Mortex India Pvt. Ltd. filed the writ petition challenging the notice dated August 30, 2024, for the assessment year 2018-19, issued by the jurisdictional assessing officer. The petitioner argued that the notice was issued in violation of the provisions outlined in Section 151A of the Income Tax Act and the scheme notified on March 29, ...