ITAT Delhi Quashes Reassessment for Non-Compliance with Section 148/148A

SGA Infotech Private Limited Vs ACIT (ITAT Delhi) ITAT Delhi Quashes Reassessment for Non-Compliance with Amended section 148/148A—Notice Issued on 01.04.2021 Held Invalid In this appeal, SGA Infotech Pvt Ltd challenged the reassessment framed u/s 147 pursuant to a notice u/s 148 that was digitally signed on 31.03.2021 but, as evidenced on page 99 of the paper book (reflected on the ITBA portal), was issued on 01.04.2021. The Assessee contended that once the notice stood “issued” on 01.04.2021, the amended regime of sections 148 & 148A (introduced by Finance Act 2021 w.e.f. 01.04.202...