SC rules in Favour of Revenue Department in Reassessment Dispute Case - 05.05.2022

Supreme Court by reversing the high court orders that had quashed income-tax notices under the old reassessment regime has held that notices issued under the old regime will be valid and shall be deemed to have been issued under the new provision of the reassessment regime in the Finance Act, 2021.

Tags : Supreme Court Finance Act 2021 reassessment old regime income-tax notices

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