Quashes Reassessment Order Against Housewife When Property Was Purchased By Her Husband: Bombay High Court

In a recent development, the Bombay High Court, under the purview of the Income Tax Act, 1961, addressed a significant case involving a housewife, Kalpita Arun Lanjekar. Background: Kalpita Arun Lanjekar, a housewife with no income and thus not required to file income tax returns, received a notice dated 19th February 2023 from Income Tax Officer, Ward-28(2)(1) under Section 148A(b) of the Income Tax Act, 1961. The notice alleged that…