Gujarat HC Quashes Section 148 Notices for AY 2015-16 as Time-Barred, Cites SC Precedents

Mayurkumar Babubhai Patel Vs ACIT (Gujarat High Court)

Gujarat High Court Quashes Income Tax Reassessment Notices for AY 2015-16

The Gujarat High Court, in the case of Mayurkumar Babubhai Patel Vs. ACIT and allied petitions, has quashed notices issued under Section 148 of the Income Tax Act, 1961, for the Assessment Year (AY) 2015-16. The core of the challenge revolved around the timeline of these reassessment notices, particularly in light of pronouncements by the Supreme Court. The petitions specifically contested two sets of notices: initial notices dated

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