Reassessment Order Set Aside After GST Proceedings Closure on Same Issue

Vedanta Limited Vs ACIT (Delhi High Court) One Issue – Two Departments; GST closure forces Income-tax rethink. GST Closure Alters the Tax Scene – Delhi HC Remands Vedanta Re-opening Case for Fresh Look 148A Order Melted Down: Vedanta Gets Fresh Hearing After GST Clean Chit Vedanta Ltd. challenged before the Delhi High Court the notice issued u/s 148A(1) (dated 24 March 2025) & order u/s 148A(3) (dated 23 June 2025) for A.Y. 2019-20, wherein the Income Tax Department alleged escapement of income exceeding ₹424 crores based on a DGGI report on bogus Input Tax Credit (ITC) transactions ...