Hon’ble Supreme Court in the judgement of Union of India v. Ashish Agarwal (2022 SCC Online SC 543) has effectively validated the reassessments made by the Assessing Officers after 1-4-2021 For copy of Judgment click here………
The CBDT has issued Instruction No. 01/2022, dated 11.5.2022, containing guidelines for implementation of the Supreme Court’s Judgement in the case of Union of India vs Ashish Agarwal (2022 SCC Online SC 543). It may be recalled that by this judgement the hon’ble Supreme Court has revived nearly 90000 notices issued under section 148 of …