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2022 (6) TMI 571 - HC - Income TaxReopening of assessment u/s 148 - contravention of the amended Section 148-A - HELD THAT:- Both the petitioner and learned Standing Counsel for the respondents state that the contentious issues relating to the provisions of reassessment were laid to rest in the recent Judgment of the Hon'ble Supreme Court in Union of India -vs- Ashish Agarwal [2022 (5) TMI 240 - SUPREME COURT] In particular, it is stated that the amended procedure is made applicable both in respect of notices issued prior to 01.04.2021 and subsequent thereto. In view of the settled legal position, the impugned communication is quashed and the matter is remanded for further proceedings in accordance with paragraphs 26 and 27 of the Judgment in Union of India -vs- Ashish Agarwal cited supra.
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