Sanjay Singhal vs Assistant Commissioner Of Income Tax, ...
Judges (2)
Counsel (5)
Case Significance
Sanjay Singhal vs Assistant Commissioner Of Income Tax, ... is a Delhi High Court decision dated December 3, 2024 (citation: ik-26624665). The petitioner challenged notices under Sections 148A(b), 148A(3), and 148 of the Income Tax Act for AY 2015-16, proposing reassessment based on search and seizure operations conducted at a third party's premises. The Court held that the reassessment notice was time-barred as it was issued beyond the limitation period prescribed under Section 149(1), and the Supreme Court's observations in Abhisar Buildwell permitting reassessment could not override statutory limitation. The petition was allo The bench comprised Justices Swarana Kanta Sharma and Vibhu Bakhru. The judgment was delivered by Justice Vibhu Bakhru. Counsel appearing: Debesh Panda (counsel for respondent), Gaurav Tanwar (counsel for petitioner), Shreya Jain (counsel for petitioner), Vikramaditya Singh (counsel for respondent), Zehra Khan (counsel for respondent).
Summary
The petitioner challenged notices under Sections 148A(b), 148A(3), and 148 of the Income Tax Act for AY 2015-16, proposing reassessment based on search and seizure operations conducted at a third party's premises. The Court held that the reassessment notice was time-barred as it was issued beyond the limitation period prescribed under Section 149(1), and the Supreme Court's observations in Abhisar Buildwell permitting reassessment could not override statutory limitation. The petition was allowed and the impugned notices were set aside.
What was the outcome of Sanjay Singhal vs Assistant Commissioner Of Income Tax, ...?
The petitioner challenged notices under Sections 148A(b), 148A(3), and 148 of the Income Tax Act for AY 2015-16, proposing reassessment based on search and seizure operations conducted at a third part...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-26624665)