Reassessment Quashed for Service of SCN at Old Email Address

Basu Tea Pvt. Ltd. & Anr. Vs Union of India & Ors. (Calcutta High Court) The Calcutta High Court examined the validity of reassessment proceedings initiated for the assessment year 2017–18, challenging an order passed under Section 148A(d) of the Income-tax Act, 1961 and the consequential notice issued under Section 148. The reassessment process began with a show-cause notice under Section 148A(b) dated March 8, 2024. As no reply was received from the assessee, the Assessing Officer proceeded to pass an order under Section 148A(d) and issued a reopening notice on April 8, 2024. The a...