IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH -.-

CWP-4112-2024 (O&M) Decided on :- 10.03.2025 Krishan Kedia ....Petitioner VERSUS Income Tax Officer & Others ....Respondents CORAM : HON’BLE MR. JUSTICE ARUN PALLI HON’BLE MRS. JUSTICE SUDEEPTI SHARMA Present: Mr. Nitin Kanwar, Advocate for the petitioner.

Ms. Gauri Neo Rampal, Sr. Standing Counsel, for the respondents.

(through Video Conferencing)

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SUDEEPTI SHARMA, J.

The challenge in the present writ petition is to notice dated 27.07.2022 under Section 148 of Income Tax Act, 1961 for the Assessment Year 2015-2016 along with reassessment under Section 147 of the Income Tax Act, 1961, dated

26.05.2023 for the Assessment Year 2015-2016.

BRIEF FACTS

2. The present case of the petitioner pertains to the Assessment Year 2015-2016. Brief facts of the present case as per pleadings in the writ petition are that the petitioner was issued notice under Section 148 on 06.04.2021 for the Assessment Year 2015-2016 i.e. after 01.04.2021, which is the date of coming into force of Finance Act, 2021 whereby Sections 147 to 151 of the Income Tax Act, 1961 were substituted. Notice under Section 142(1) of the Income Tax, 1961 was issued on 27.11.202