On writ petitions challenging the notices dated March 27, 2023 issued under section 148 of the Income-tax Act, 1961 for reopening the assessments for the assessment year 2013-14 could not be reopened in view of the amendment introduced by the Finance Act, 2021 ([2021] 432 ITR (St.) 52) (AY.2013-14)
Saluja Steel And Power P. Ltd. v. ITD (2024) 464 ITR 724 (Jharkhand)(HC)/Santapuria Alloys P.Ltd v . ITD ( (2024) 464 ITR 724 (Jharkhand )(HC)
S. 149 : Reassessment-Time limit for notice-Notices issued under unamended provision after 1-4-2021 for assessment year 2013-14-Notice is not barred by limitation.[S. 147, 148, Art. 226]