Section 148A(b) Notice Invalid as It Was for mere Inquiry: Gujarat HC

ONIR Infraspace Private Limited Vs ITO (Gujarat High Court)  The petitioner, ONIR Infraspace Private Limited, challenged notices and an order issued by the respondent under Sections 148A(b), 148A(d), and 148 of the Income Tax Act, 1961, before the Gujarat High Court under Article 226 of the Constitution of India. The petitioner is a company incorporated on 17 October 2019 and filed its income tax return for the Assessment Year (AY) 2020-21 on 27 November 2020, declaring total income of ₹2,58,250, which was processed under Section 143(1) on 28 March 2021, accepting the return. Read SC Judgme...