The High Court of Jammu & Kashmir and Ladakh quashed reassessment proceedings for AY 2013–14 as time-barred. A bench of Justice Sindhu Sharma and Justice Shahzad Azeem set aside orders issued under Income Tax Act, 1961 Sections 148A(d) and 148.
The Supreme Court held that cancellation of a land acquisition award for fraud by some landowners does not invalidate awards of untainted owners, as Justices Sanjay Kumar and K Vinod Chandran restored compensation denied due to others’ alleged misconduct.
