Delhi HC quashes Show Cause Notice & Re-Assessment Order Passed in Two Hours to Save Order after 31st March [Read Order]

Section 148 of the Income Tax Act - Delhi HighCourt - Show Cause Notice - Re-Assessment Order - Taxscan

A division bench of the Delhi High Court has quashed a show-cause notice and a re-assessment order passed within a gap of two hours by the income tax department. The Petitioner, Mr. Rahul Balia contended that the time gap between giving the show cause notice and passing of the reassessment order was only around twenty-two…

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