High Court Quashes Reassessment Notice Based on Retrospective Application of Section 55A Amendment:
The Gujarat High Court has quashed a reassessment notice issued under Section 148 after holding that the AO wrongly invoked Section 55A(a)
AO wrongly invoked amended provisions of Section 55A(a)
Saima
Jul 17, 2026
Premium
High Court Quashes Reassessment Notice Based on Retrospective Application of Section 55A Amendment
The Gujarat High Court has quashed a reassessment notice issued under Section 148 after holding that the AO wrongly invoked Section 55A(a)
Also Read
ITAT Restores TDS Credit Case After Finding Merit in Reimbursement ExplanationITAT Rejects Business Loss Claim Over Colourable Advisory ArrangementITAT Allows Section 10(38) LTCG Exemption and Deletes Rs 12.62 Lakh Penny Stock Addition After Finding No Evidence of Accommodation EntryITAT Deletes Rs 9.66 Lakh Disallowance on Foreign Commission, Holds TDS Under Section 195 Not Applicable Where Services Rendered Outside India
About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
367My Recent Articles
- ITAT Rejects Business Loss Claim Over Colourable Advisory ArrangementPremium
- ITAT Remands 12AB Registration and 80G Approval Applications to CIT(E) for Fresh AdjudicationPremium
- ITAT Deletes Penalty on Belated Tax Audit Report Filed Before Completion of ReassessmentPremium
- ITAT Allows Fresh Opportunity to Charitable Trust for Section 12AB Registration Premium
- ITAT Delhi Remands Ex Parte Assessment for Fresh AdjudicationPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts