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Ganesh Dass Khanna vs Income Tax Officer & Ors. (Connected Matters) – Reassessment Notices under Section 148 & Limitation under Section 149 of Income Tax Act, 1961
Facts of the
Case
The petitions relate to Assessment Years 2016–17 and 2017–18.
Notices under Section 148 were issued after 01.04.2021
following changes introduced by the Finance Act, 2021.
The a...
Ganesh Dass Khanna & Ors. vs Income Tax Officer & Ors. (Delhi High Court, 2023) – Limitation under Section 149 for Reassessment Notices below ₹50 Lakhs
Facts of the Case
Multiple assessees challenged reassessment notices issued for AY
2016–17 and 2017–18.
Notices were issued under Section 148 after the amendment
introduced by Finance Act, 2021.
T...
Ganesh Dass Khanna & Connected Matters vs Income Tax Officer & Ors (Delhi High Court, 2023) – Reassessment Notices u/s 148 Beyond Limitation Held Invalid
Facts of the
CaseThe batch of writ petitions concerned reassessment
proceedings initiated by the Income Tax Department for Assessment Years 2016–17
and 2017–18.The core issue arose from notices issued under
Secti...
Ganesh Dass Khanna & Connected Matters vs Income Tax Officer & Others (2023) – Delhi High Court on Validity of Reassessment Notices under Sections 148 & 149 of the Income Tax Act
Facts of the CaseThe
present batch of writ petitions concerns reassessment notices issued under
Section 148 of the Income Tax Act for Assessment Years (AY) 2016–17 and
2017–18.The
central issue arose from notices...
Ganesh Dass Khanna & Ors. vs Income Tax Officer & Ors. (Delhi High Court, 2023) – Limitation under Section 149(1) for Reassessment Notices Below ₹50 Lakhs
Facts of the
Case
Multiple assessees challenged reassessment notices for AYs 2016-17
and 2017-18.
Notices under Section 148 were issued after 01.04.2021,
following amendments introduced by the Finance A...
Ganesh Dass Khanna & Ors. vs Income Tax Officer & Ors. (Delhi High Court, 2023) – Limitation under Section 149 for Reassessment Notices below ₹50 Lakhs
Facts of the
CaseThe present batch of writ petitions concerned
reassessment notices issued under Section 148 for Assessment Years 2016–17 and
2017–18.The core controversy revolved around the validity
of reassessm...
Ganesh Dass Khanna & Ors. vs Income Tax Officer & Ors. (Delhi High Court, 2023) – Reassessment Notices u/s 148 Held Time-Barred Where Escaped Income Below ₹50 Lakhs
Facts of the
Case
Multiple assessees were issued reassessment notices for AYs 2016–17
and 2017–18.
The alleged escaped income in all cases was below ₹50 lakhs.
Notices were issued after 01.04.2...
Ganesh Dass Khanna & Ors. vs Income Tax Officer & Ors. (Delhi High Court, 2023) – Reassessment Notices under Section 148 Held Time-Barred where Escaped Income Below ₹50 Lakhs
Facts of the
CaseThe present batch of writ petitions concerns
Assessment Years 2016–17 and 2017–18, wherein multiple assessees
challenged reassessment proceedings initiated by the Income Tax Department.The central...
Ganesh Dass Khanna & Connected Matters vs Income Tax Officer & Ors. (Delhi High Court, 2023) – Reassessment Notices u/s 148 Invalid Where Escaped Income Below ₹50 Lakhs
Facts of the
Case
The batch of writ petitions concerned reassessment notices issued
under Section 148 for AYs 2016-17 and 2017-18.
The core issue arose due to amendments introduced by the Finance
Act, 2...
Ganesh Dass Khanna & Ors. vs Income Tax Officer & Ors. (Delhi High Court, 2023) – Limitation under Section 149(1) for Reassessment Notices below ₹50 Lakhs
Facts of the
Case
Multiple writ petitions were filed challenging reassessment notices
issued under Section 148 for AYs 2016–17 and 2017–18.
The central issue across all petitions was identical:
Whet...