HP High Court grants interim stay on Reassessment Over Jurisdiction issue

Govind Singh Vs ITO (Himachal Pradesh High Court) Himachal Pradesh High Court has issued an interim stay on a reassessment notice issued under Section 148 of the Income Tax Act, 1961, to petitioner Govind Singh. The court, in its order, prima facie found the notice to be “wholly without jurisdiction” due to non-compliance with the provisions of Section 151A, introduced with effect from November 1, 2020, and subsequent notifications. The impugned notice was issued by the jurisdictional Income Tax Officer (ITO). However, Section 151A, alongside a notification dated March 28, 2022, ma...