Karnataka HC Quashes Section 148 Notice for AY 2015-16 as Time-Barred

Mohammed Yaseen Vs ITO (Karnataka High Court) The Karnataka High Court allowed the writ petition filed by Mohammed Yaseen challenging reassessment proceedings initiated for Assessment Year 2015-16 under the Income-tax Act, 1961. The petitioner sought quashing of the order passed under Section 148A(d), the notice issued under Section 148, the show-cause notice under Section 148A(b), the assessment order passed under Sections 147 read with 144, the computation sheet, demand notice, and the penalty orders and consequential notices issued under Sections 271(1)(c) and 271F. The petitioner contended...