S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Effect of decision of Supreme Court In UOI v. Ashish Agarwal (2022) 444 ITR 1(SC)-Liberty available to matters at notice stage-Assessing Officer issuing second notice but allowing proceedings to lapse-Department cannot proceed for third time invoking liberty granted by Supreme Court-Notices and proceedings quashed. [S.. 147, 148, 148A(b), 148A(d), Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Assessee to be given minimum seven days to reply excluding date of issue of notice and last date for submission of reply-Only six clear days given to assessee to file reply to notice-Matter remanded to provide assessee minimum seven clear days and maximum thirty days to file E-replies. [S. 147, 148, 148A(b), 148A(d), Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Disclosed all material facts during original assessment-Notice on ground methodology followed at time of scrutiny assessment ought to have been different-Not sustainable.[S.. 43B, 147, 148, 148A(b), 148A(d), Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Failure to comply with amended provisions before issue of notice-Notice and assessment order set aside-Matter remanded-Violation of principle of natural justice-Existence of alternative remedy is not bar-Writ petition allowed. [S. 144B, 147, 148, 148A(b), 148A(d), Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice after three Years-Limitation-Wrongful claim of exemption-Amount exceeding threshold limit of 50 lakhs-Notice is valid-Suppression of facts-Writ petition is not entertained.[S. 11,12A, 12AA, 12AB,147 148, 148A)b), 148A(d),149, Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Failure to give minimum of seven clear days time to give reply-Order and notice are set aside.[S. 147, 148, 148A(b), 148A()d),Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Copy of report of Investigation Wing for formation of opinion is made available-No violation of principle of natural justice-Writ petition is dismissed.[S. 147, 148, 148A(b), 148A(d), Art. 226]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Information must be definite and not vague-Validity of notice can be challenged by filing writ petition.[S. 147, 148, 148A(b) 148A(d), Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Purchase of property-Issue examined in the original assessment proceedings-Notice is set aside.[S. 142(1), 147, 148A(b), 148(A)(d), Art.226]

S. 148 : Reassessment-Notice-Sanction-Alternative remedy-Writ petition dismissed. [S. 147, 151,246A, Art. 226]