Reassessment Notices Issued Without Jurisdiction Under Section 151A Invalid: Karnataka HC

Nandita Anilkant Mehta Vs ITO (Karnataka High Court) Section 148 notice struck down as beyond Sec.151-A scope- Reassessment proceedings invalid pending SC verdict — liberty to Revenue kept open Karnataka High Court quashed the reassessment notice issued u/s 148 dated 30.03.2024 for AY 2020-21, along with the approval u/s 151, assessment order u/s 147 r.w.s. 144B, penalty order u/s 270A, & consequential demand notice u/s 156. Petitioner contended that the reopening was bad in law since the notice was issued by the jurisdictional AO outside the scope of Section 151-A, & relied on the c...