Gujarat HC Quashes Section 148 Notice Following ITAT Deletion of Prior Year Addition

Ammann India Private Limited Vs ACIT (Gujarat High Court) Gujarat High Court recently ruled in favor of Ammann India Private Limited, quashing a notice issued under Section 148 and an order passed under Section 148A(d) of the Income Tax Act, 1961, by the Assessing Officer (AO) for the Assessment Year 2018-19. The petitioner, Ammann India, challenged these actions, contending that the AO failed to consider a crucial order passed by the Income Tax Appellate Tribunal (ITAT) in the petitioner’s own case for an earlier assessment year. The genesis of the issue lies in the petitioner’s c...