201(49) IN THE HIGH COURT OF PUNJAB AND HARYANA AT Fastway Transmissions Pvt. Ltd. Union of India and another CORAM : HON’BLE MR. JUSTICE HON’BLE MS. JUSTICE LAPITA BANERJI Present : Ms. Mr. Manpreet Singh Kanda, for the petitioner. Ms. Urvashi for the respondents. DEEPAK SIBAL At the outset, learned counsel for the revenue concedes that in terms of the law laid down by the Supreme Court in others Vs. Ashish Ag 23.04.2021, for the assessment year Income Tax Act, 1961 (for short 148 A(b) of the Act. 2. The above concession petitioner. Accordingly, the present petition is disposed of with a direction to the respondent- of the procedure laid down under 3. Needless to add that in the course of the afore proceedings the petitioner shall be at liberty to raise all possible pleas/defences that may be available to it, in accordance with law. April 18, 2026 vandana Whether speaking/reasoned : Whether reportable : IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-22573 Date of Decision : stway Transmissions Pvt. Ltd. Versus Union of India and another HON’BLE MR. JUSTICE DEEPAK SIBAL HON’BLE MS. JUSTICE LAPITA BANERJI Ms. Radhika Suri, Senior Advocate with Mr. Manpreet Singh Kanda, Advocate, for the petitioner. Ms. Urvashi Dhugga, Sr. Standing Counsel for the respondents. *** DEEPAK SIBAL, J. (Oral) At the outset, learned counsel for the revenue concedes that in terms of the law laid down by the Supreme Court in others Vs. Ashish Agarwal (2023)1 SCC 617 , for the assessment year in question Income Tax Act, 1961 (for short-the Act) be treate 148 A(b) of the Act. The above concession satisfies learned petitioner. Accordingly, the present petition is disposed of with a direction to -revenue to proceed from the stage of the afore notice the procedure laid down under Section 148 A(b) of the Act. Needless to add that in the course of the afore proceedings the petitioner shall be at liberty to raise all possible pleas/defences that may be in accordance with law. (DEEPAK SIBAL JUDGE (LAPITA JUDGE , 2026 Whether speaking/reasoned : Yes/No Whether reportable : Yes/No IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 2573-2021 (O&M) Date of Decision : 18.04.2026 …Petitioner …Respondents DEEPAK SIBAL HON’BLE MS. JUSTICE LAPITA BANERJI Radhika Suri, Senior Advocate with Advocate, Sr. Standing Counsel At the outset, learned counsel for the revenue concedes that in terms of the law laid down by the Supreme Court in Union of India and 7, the impugned notice dated in question, under Section 148 of the the Act) be treated as notice under Section learned Senior Counsel for the petitioner. Accordingly, the present petition is disposed of with a direction to revenue to proceed from the stage of the afore notice, in terms Section 148 A(b) of the Act. Needless to add that in the course of the afore proceedings the petitioner shall be at liberty to raise all possible pleas/defences that may be DEEPAK SIBAL) JUDGE (LAPITA BANERJI) JUDGE VANDANA 2026.04.24 17:48 I attest to the accuracy and integrity of this document