Time Calculated by Calendar, Not Clock: Jharkhand HC Quashes IT Notices for AY 2017-18

Ravi Singh Bhatia Vs PCIT (Jharkhand High Court) In a procedural matter concerning the Income Tax Act, the Jharkhand High Court has set aside an order and a consequential notice for reassessment against petitioner Ravi Singh Bhatia, citing a failure by the tax authorities to properly consider the petitioner’s response. The court remanded the case back to the tax department, directing them to issue a new order after reviewing the petitioner’s reply. The case originated from a notice under Section 148A(b) of the Income Tax Act, 1961, issued to Ravi Singh Bhatia for the Assessment Year 20...