Reassessment Controversy Post 31-05-2023 after Supreme Court Ruling in Ashish Agarwal

Reassessment Controversy Post 31-05-2023 after Supreme Court Ruling in Ashish Agarwal | Way forward post 31-05-2023 - LEGAL DICHOTOMY u/s 148 of I T Act in cases covered by Ashish Aggarwal Case (SC) : AY 2013-14, AY 2014-15, AY 2015-16, AY 2016-17 & AY 2017-18 discussed by CA. Rajiv Jain.
Way forward post 31-05-2023 - LEGAL DICHOTOMY u/s 148 of I T Act in cases covered by Ashish Aggarwal Case (SC) : AY 2013-14, AY 2014-15, AY 2015-16, AY 2016-17 & AY 2017-18
Assessment Completed but no Writ filed by the assessee.
Writ filed and partial stay granted- Whether appeal to be filed.
Background
AY 2013-14 & AY 2014-15
AY 2015-16 on what basis claimed to be time barred.
AY 2016-2017
AY 2017-2018
On what basis Limitation of these assessments is claimed to be time barred on 31-05-2023.
DIN Issue
Approval Issue
Concurrent Jurisdiction of NFAC-JAO for validity of issue of notice u/s 148 by JAO or notice of demand u/s 156 by NFAC
DISCLAIMER :-
This Video is for the purposes of information / knowledge and shall not be treated as solicitation in any manner or of for any other purposes whatsoever.
It shall not to be used for any legal advice /opinion and shall not to be used to rendering any professional opinion. Viewers are advised to kindly go through to original Government publications / notifications and published case laws or judicial pronouncements.
The statements and opinions expressed in video are those of the speaker and do not necessarily reflect those of the CA Sansaar or any of its employees. CASansaar Team does not take any responsibility for the views of the Speaker.
Our Social Links - Follow CA Sansaar
RUclips / casansaarca
Twitter / casansaar
Facebook / casansaarca
Linkedin / casansaar

[@hjainsatna]

Thanks CA Sansar and CA Rajiv Jain Ji for a detailed elobration and enlightenment on the controversies and legal issues of the case.

[@HasmukhJain-vk5th]

Nice information. N0 Perspnal hearing was given to my mother case assment year 2017 18 on notice 148 Ab.notice 148 income tax was issued on 1/8/2032 0n 6.30 which was ilkegal and we have filed objection on assment proceedings.

[@hasmukhlodha7995]

Sir
3 rd round started in supreme court after Aaashish Agarwal order.Excpet Delhi Highcourt every court told that Assment should new law .

[@hasmukhlodha7995]

Recent Delhi Highcourt court ,zarkhand court givem less then 50 lakhs for Assment year 2016 17,2017 18 in favour of Assee.
Mumbai Highcourt also told section 151 not proper taken in Assment year 2016 17
Mumbai Highcourt and Calcutta High court also told Tola is not applicable in new law.
However department has filed SLP.in supreme court.

[@rizwanhaveliwala8435]

Wonderful session. Hope to have such sessions in future for specific areas and particular section.

[@hasmukhlodha7995]

Is any latest developments in this issue which in pending in supreme court?

[@rj10203]

very nice

[@vivekkhurana4774]

🎉🎉🎉

[@sharadkumarkhandelwal1151]

Very nicely explained

[@rupaligupta770]

Nice 👍🏻

[@knsb67]

❤ your words.....