HP HC Stayed Reassessment as Validity of Section 148 Notices Pending Before SC

Jatinder Singh. Vs ACIT (Himachal Pradesh High Court) The Himachal Pradesh High Court stayed reassessment proceedings initiated under Section 148 of the Income Tax Act for Assessment Year 2017–18, as the validity of such notices was already pending consideration before the Supreme Court of India. The petitioner had challenged the notice dated 31.08.2024 issued under Section 148, seeking its quashing on the ground of lack of jurisdiction and also prayed for a stay on consequential reassessment proceedings. The High Court noted that the legality, validity, and propriety of similar notices issu...