Statutory Remedies against the assessment order issued under section 148 of Income Tax Act to be availed: HC

Statutory Remedies against the assessment order issued under section 148 of Income Tax Act to be availed: HC

Issue

Petition has been filed before the Delhi HC by the petitioner challenging the notice dated 30.03.2019 issued to the petitioner under Section 148 of the Income Tax Act, 1961 (hereinafter referred to as the ‘Act’) for the assessment year 2014-15. The petitioner further prays for quashing of all the subsequent proceedings initiated against the petitioner pursuant to the above notice.

Facts

The impugned notice is beyond the period of limitation prescribed under Section 153(2) of the Act; it was also the case of the petitioner that the petitioner has not been served with the assessment order dated 12.12.2019 purportedly passed by the Assessing Officer against the petitioner under Section 143(3) read with Section 147 of the Act.

Judgement

The Court directs the present petition as well as pending applications are dismissed granting liberty to the petitioner to avail of statutory remedies against the assessment order, if so advised.  To Read the Judgement Download the PDF Given Below: