AdvertisementCentral Arecanut And Cocoa Marketing And Processing Co Operative Limited Vs ACIT (Karnataka High Court) The Karnataka High Court allowed a writ petition challenging a Show Cause Notice dated 19.05.2022 issued under Section 148A(b) of the Income-tax Act, 1961, the order dated 28.07.2022 under Section 148A(d), and the consequential notice dated 28.07.2022 under Section 148, all relating to Assessment Year 2015-16. The principal question before the Court was whether a notice under Section 148 for AY 2015-16 could be issued after 01.04.2021 in view of the concession made by the Revenue before the ...