Reassessment Proceedings Stayed by HP HC Citing Pending SC Judgment

Brij Mohan Khanna Vs Union of India & Ors (Himachal Pradesh High Court) Himachal Pradesh High Court has ordered a stay on reassessment proceedings initiated under Sections 148 and 151 of the Income Tax Act, 1961, in the case of Brij Mohan Khanna versus Union of India & Ors. The court’s decision, issued on [Current Date], defers further action until the Supreme Court of India delivers its verdict on a related matter. The petitioner, Brij Mohan Khanna, had approached the High Court seeking to quash a notice dated March 28, 2025, issued under Section 148 of the Income Tax Act, and t...