Section 148 Notice Held Premature While Return Filing Window Open

ITO Vs Uttarakhand Purv Sainik Kalyan Nigam Ltd. (ITAT Dehradun) Reopening Before Belated Return Window Ends Is Premature: ITAT Dehradun Quashes s.148 Action Dehradun ITAT, in ITO vs. Uttarakhand Purv Sainik Kalyan Nigam Ltd. (ITA No.92/DDN/2024, AY 2015-16, order dated 23.12.2025), dismissed the Revenue’s appeal and upheld the CIT(A)’s order quashing reassessment proceedings initiated u/s 147/148 as premature and void ab initio. The assessee, a State Government undertaking incorporated u/s 617 of the Companies Act, had not filed its return within the due date u/s 139(1). While the time li...