Reassessment Invalid as Section 35(2AB) Deduction Issue Was Already Examined in Original Scrutiny

Gujarat Metal Cast Industrial Private Limited Vs ACIT (Gujarat High Court) The Gujarat High Court heard a writ petition filed under Article 226 of the Constitution challenging the validity of an order dated 27 July 2022 passed under section 148A(d) of the Income-tax Act, 1961 and the corresponding notice issued under section 148 for Assessment Year (AY) 2013–14 by the Assistant Commissioner of Income Tax, Vadodara. The petitioner company, engaged in manufacturing alloy metals, had filed its return of income for AY 2013–14 on 31 July 2013. In the return, it claimed deduction under section 3...