TMI Blog2022 (7) TMI 337X X X X Extracts X X X X X X X X Extracts X X X X ..... dated 27th May, 2022 to the Petitioner stating that the notices issued under Section 148 of the Act between 01st April, 2021 to 30th June, 2021 have been held by the Supreme Court in Union of India Ors. vs Ashish Agarwal, [ 2022 (5) TMI 240 - SUPREME COURT] to be show cause notices under Section 148A(b) of the Act and initiated fresh reassessment proceedings against the amalgamated company. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T MANMOHAN, J (Oral): C.M.No.28874/2022 1. Present application has been filed on behalf of the Petitioner seeking clarification of the order dated 19th January, 2022 passed by this Court to the effect that the impugned notice dated 20th April, 2021 issued under Section 148 of the Income Tax Act, 1961 (hereinafter referred to as the Act ) is non-est as it had been issued agains ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... challenged on the ground that it had been issued against a company that had already been dissolved by an order of this Court dated 05th August, 2013 and thus the impugned notice is not maintainable. He clarifies that subsequent to its amalgamation with M/s Ranjitgarh Finance Co. Private Ltd., M/s Omansh Properties Private Limited was dissolved and a return of income under Section 139(1) of the Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Act between 01st April, 2021 to 30th June, 2021 have been held by the Supreme Court in Union of India Ors. vs Ashish Agarwal, 2022 SCC OnLine SC 543 to be show cause notices under Section 148A(b) of the Act and initiated fresh reassessment proceedings against the amalgamated company. 5. In the opinion of this Court, the Petitioner should take all its objections in its reply to be filed ..... X X X X Extracts X X X X X X X X Extracts X X X X
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