The assessee was originally assessed to tax under section\u00a0143(3)\u00a0of the\u00a0Income-tax Act, 1961\u00a0for the assessment year 2017-18, by an assessment order dated May 29, 2019. Thereafter, the assessee received a reassessment notice dated March 31, 2021 issued under section\u00a0148\u00a0of the Act. The assessee participated in the reassessment proceeding and a reassessment order dated March 28, 2022 was passed by the Assessing Officer. The assessee did not challenge it and it attained finality. A second reassessment notice for the assessment year 2017-18 dated July 30, 2022 was issued invoking section\u00a0148A\u00a0of the Act. On a writ petition, allowing the petition, that there could exist only one assessment order for an assessee for one assessment year. Since the reassessment order had already been passed on March 28, 2022 for the assessment year 2017-18, there was no proceeding pending to have been influenced or affected or governed by the order of the Supreme Court dated May 4, 2022 in UOI\u00a0 v. Ashish Agarwal\u00a0(2022) 444 ITR 1 (SC).\u00a0 \u00a0In the absence of any declaration of law to annul or set aside the pre-existing reassessment under section\u00a0147\u00a0and assessment order dated March 28, 2022, after issuing notice under section\u00a0148, the assessing authority had no jurisdiction to reissue the notice dated July 30, 2022 under section\u00a0148A. The proceedings were without jurisdiction and a nullity, and therefore, quashed.(AY.2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Jurisdiction-Notice issued under existing law and reassessment order passed becoming final-Notice issued under section 148A pursuant of direction of Supreme Court in UOI v. Ashish Agarwal (2022) 444 ITR 1(SC)-Notice is without jurisdiction hence quashed. [S. 147, 148 148A(b), 148A(d), Art. 226] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-47290","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ciK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=47290"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47290\/revisions"}],"predecessor-version":[{"id":47346,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47290\/revisions\/47346"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=47290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=47290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=47290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}