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2022 (6) TMI 752 - HC - Income TaxValidity of Reopening of assessment - Scope of new provision section 148A - Validation of notices after quashed by various High Courts - conducting of enquiries or issuance of show-cause notice or passing of order under section 148A - impugned notices have been challenged in the present batch of writ petitions on the ground that the procedure laid down under Section 148A of the Act has not been followed, which has rendered the impugned notices null and void - HELD THAT:- As decided in UNION OF INDIA & ORS. VERSUS VERSUS ASHISH AGARWAL [2022 (5) TMI 240 - SUPREME COURT] judgments of the several High Courts would result in no reassessment proceedings at all, even if the same are permissible under the Finance Act, 2021 and as per substituted sections 147 to 151. Finally the Civil Appeals were allowed in part and judgments of the various High Courts have been modified and substituted. In v iew of the decision of the Apex court, the present batch of writ petitions would stand disposed of in terms of the judgment of the Supreme Court in Ashish Agarwal [2022 (5) TMI 240 - SUPREME COURT].
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