S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Original notice under section 148 issued before 1-4-2021 culminated in reassessment order attaining finality-Fresh notice under section 148A(b) impermissible-Supreme Court directions in UOI v. Ashish Agarwal limited to pending reassessment proceedings-Notice and order quashed. [S. 147, 148, 148A(b), 148A(d), Art. 226]

S. 148A: Reassessment-Conducting inquiry; providing opportunity before issue of notice-Faceless assessment-Initial notice and order-Pending appeal before Commissioner (Appeals) and revision application before Principal Chief Commissioner-Stay of assessment order until outcome of appellate proceedings and revisional application-All contentions of assessee kept open for raising before statutory authorities. [S. 144, 144B, 147, 148, 148A(b), 148A(d), 250, 253; Art. 226]

S. 148A: Reassessment-Conducting inquiry; providing opportunity before issue of notice-Recovery of tax-Insolvency of assessee-Effect of Insolvency and Bankruptcy Code, 2016-Claims of tax cannot be made subsequent to plan by Resolution Professional-All claims not forming part of resolution plan stand extinguished. [S. 144, 147, 148, 148A(b), 148A(d), Insolvency and Bankruptcy Code, 2016, S. 31(1), 238; Art. 226]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Original notice under section 148 issued before 1-4-2021 which culminated in reassessment order attaining finality-Fresh notice under section 148A(b) issued pursuant to direction of Supreme Court in UOI v. Ashish Agarwal (2022) 444 ITR1 (SC), Supreme Court directions limited to pending reassessment proceedings-Notice and order quashed Fresh reassessment impermissible for concluded assessment [S. 147, 148, 148A(b), 148A(d), Art. 226]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Alternative remedy-Writ petition was dismissed. [S. 147, 147, 148A(b), 148A(d), Art. 226]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Professional-Anesthesiologist-No tangible material-Reassessment notice and order was quashed. [S. 148A(b), 148A(d), 192, 194J, Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Faceless assessment-Pendency of appeal-All contentions kept open. [S.144, 144B, 47, 148, 148A(b), 148A(d), 246A, 250, Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Faceless assessment-Pendency of appeal-Appellate authority bound by earlier decision of High Court-Stay of assessment orders until outcome of appellate proceedings-All contentions kept open. [S.144B, 147, 148, 148A(b), 148A(d), 246A, 250, Art. 226]

S. 147 : Reassessment-Survey-Unexplained investments-Departmental Valuation Officer showing significant difference between declared costs and actual construction value-Tangible material-Reassessment valid. [S. 131, 133A, 142(1), 143(2), 148, Art. 226]

S. 147 : Reassessment-Capital gains-Gift of shares
Gift of shares without consideration not liable to capital gains-Notice of reassessment invalid. [S. 45, 47(iii), 50CA, 50D, 143(1), 148, Art. 226]