Karnataka HC Remands Reassessment Cases as SC Allowed Challenge to Retrospective Section 147A

ITO Vs Sujatha Ramesh (Karnataka High Court) The Karnataka High Court allowed a batch of writ appeals filed by the Revenue and remanded the matters to the learned Single Judge for fresh consideration in light of subsequent developments concerning the retrospective insertion of Section 147A into the Income Tax Act. The appeals arose from orders of the learned Single Judge that had allowed writ petitions challenging notices issued under Sections 148 and 148A of the Income Tax Act and reassessment orders passed under Section 147. During the hearing, both parties brought to the Court’s notice an...