Delhi HC: Ashish Agarwal Ruling Won’t Reopen Old Cases

Anindita Sengupta Vs ACIT (Delhi High Court)

he Delhi High Court, in the case of Anindita Sengupta Vs ACIT, addressed the interpretation and application of the Supreme Court’s decision in Union of India v. Ashish Agarwal. The core issue was whether the Ashish Agarwal judgment mandated the reopening of income tax reassessment proceedings that had already been concluded, particularly those initiated under the pre-amended Income Tax Act provisions before the Finance Act, 2021 amendments took effect on April 1, 2021.

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