HP HC Stays Section 148 Proceedings Pending Supreme Court Decision

Prakash Chand Jadaik Vs ITO (Himachal Pradesh High Court) Himachal Pradesh High Court has ordered a stay on reassessment proceedings initiated against Prakash Chand Jadaik under Section 148 of the Income-tax Act, 1961. The decision, delivered in the case of Prakash Chand Jadaik Vs ITO, stems from the fact that a similar legal challenge concerning the validity of Section 148 notices is currently awaiting adjudication by the Supreme Court of India. The petitioner, Prakash Chand Jadaik, had challenged the legality of a notice issued on March 26, 2025, under Section 148 of the Income-tax Act, argu...