Mon Mohan Kohli, who built The Printers House (TPH) into one of the leading web offset press manufacturers in the world, passed away at his residence located at Amrita Shergil Marg, New Delhi on 26 June 2022. The last rites will take place at 12 pm on 27 June.
What happens to the notices which were issued for AY 2013-14 using the extended period of limitation after March 31, 2020, but before the new law came into effect?
SC upheld decision that seciont 148A is applicable on every notice.It observed that the Revenue erred in issuing the impugned notices under the unamended provision when they should have been issued as per the substituted provisions introduced through the Finance Act 2021.