“No Violation Of Natural Justice”: Madras High Court Rejects AIADMK Leader SP Velumani Challenge In Tax Case

The Madras High Court dismissed AIADMK MLA SP Velumani’s challenge to a Rs 7 crore income-tax assessment and penalty. It upheld proceedings under Sections 153C and 271AAC(1), finding no procedural irregularity or violation of natural justice in the case.

Notice Issued Beyond 10 Years Is Time-Barred: Delhi HC Quashes Income Tax Reassessment Proceedings for AY 2015–16

Delhi High Court quashed a Section 148 reassessment notice for AY 2015-16, holding it time-barred beyond statutory limits. The court held post-April 1, 2021 search-based reassessments must follow pre-Finance Act Section 153C timelines, rendering the notice legally unsustainable therefore.