Calcutta HC Stays Reassessment Proceedings, Cites Due Process

Unisource Hydro Carbon Services Private Limited as Anr. Vs Union of India as Ors. (Calcutta High Court) Calcutta High Court has stayed further proceedings in a reassessment case involving Unisource Hydro Carbon Services Private Limited & Anr. Vs Union of India & Ors. The decision, delivered in an intra-Court appeal, overturns a single bench’s refusal to grant an interim stay on an order passed under Section 148A(d) of the Income Tax Act, 1961, for the assessment year 2018-19. Unisource Hydro Carbon Services Private Limited had challenged the Section 148A(d) order, dated August 30...