Quashing of Income Tax Reassessment under Section 148 by High Court
This article provides a comprehensive guide to the law of reassessment under Sections 147–151 of the Income Tax Act, 1961, and explains how High Courts—especially the Delhi High Court—have been quashing Section 148 notices on grounds of limitation, invalid sanction, procedural lapses, and lack of jurisdiction. It offers a structured overview of the statutory framework, the reassessment procedure after the Finance Act 2021 & 2024, and landmark case law shaping today’s reassessment jurisprudence.