Reassessment notice sustainable as issued within extended time limit under TOLA

Ramadoss Srikanthi Vs ACIT (Madras High Court)

Madras High Court held that re-assessment notice and order thereof issued under section 148 of the Income Tax Act are valid since the same are issued within extended time limit in view of Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 [TOLA]. Accordingly, writ dismissed.

Facts- Vide the present petition, the petitioner has challenged notices and orders issued under section 148 of the Income Tax Act. Impugned Notice dated 31.03.2021 was issued under Section 148 of the Income T

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