S. 148 : Reassessment-Notice-Merger-Waiver of tax liability-Assessment year 2021-22-Assessee-corporate debtor underwent insolvency resolution and a revised assessee underwent insolvency, and a resolution plan approved by NCLT extinguished all prior tax liabilities-Assessing Officer issued notices under sections 148 and 142 for a period prior to approval-No belated claims could be raised after approval of resolution plan-High Court quashed the notice and consequential orders. [S. 147, the Insolvency and Bankruptcy Code, 2016, S. 31, Art.226]

S. 148: Reassessment-Notice-Merger-High Court quashed the notice and consequential orders; SLP of revenue quashed. [S. 147, the Insolvency and Bankruptcy Code, 2016, S. 31, Art. 136]

S. 148: Reassessment-Notice-Failure to dispose of objection-Reassessment notice and consequential orders are bad in law-SLP of revenue dismissed. [S. 147, Art. 136]

S. 148: Reassessment-Notice-Merger-Initiated to the Assessing Officer-Assessment and order were issued in the name of a non-existent entity-High Court quashed the notice and assessment-SLP of revenue was dismissed. [S. 143(3), 292B, Art. 136]

S. 147: Reassessment-Co-owner-Reopening of assessment in case of mother of assessee, who was co-owner of land in question, had already been quashed and set aside; jurisdictional notice issued under section 148, reassessment order passed under section 147 and penalty notice issued under section 271DA were quashed and set aside. [S.271DA, 148, Art. 226]

S. 147: Reassessment-Industrial undertakings-Infrastructure development-Audit objection-Order of the Tribunal quashing the reassessment was affirmed. [S.80IA, 148, 260A]

S.147: Reassessment-Unexplained investments-Purchase of land-On money-Search-Seized inquiry register entry did not establish any live nexus with assessee; reopening notice I and consequential orders are quashed. [S. 69,132,148,292C, Art. 226]

S. 147:Reassessment-Cash credits-Agricultural land-Loose papers seized-No nexus-Reassessment notice and order disposing of the objection was quashed. [S. 68, 148, Art. 226]

S.147: Reassessment-Housing projects-Failure to complete the housing project-Reassessment was quashed and set aside-SLP of revenue dismissed.[S.80IB(10), 148, Art. 136]

S.147: Reassessment-AO recorded reasons mechanically on information received from Investigation Wing-Unexplained money-Search-No direct nexus-Reassessment notice and order disposing of the objection were quashed and set aside-Order of High Court affirmed-SLP of revenue dismissed. [S.69A, 148, 151, Art. 136]