Delhi HC stays Income Tax Reassessment Against Oxfam India

Oxfam India Vs DCIT (Delhi High Court) Introduction: Oxfam India, a leading non-profit organization, has found itself in the midst of a legal tangle concerning the Income Tax Act of 1961. The Delhi High Court has recently stepped in to halt the reassessment proceedings initiated against the organization. Background of the Case: The conflict originates from various notices and orders issued to Oxfam India. Primarily, these were centered around: A notice under Section 148A(b) of the Income Tax Act, 1961. An order under Section 148A(d) of the same Act. A consequential notice under Section 148 of...