LatestIncome Tax 19 September 2026
Supreme Court Halts Punjab, Haryana Ruling on IT Act Section 147A
India's Supreme Court has halted the Punjab and Haryana High Court ruling that declared Section 147A of the Income Tax Act unconstitutional, keeping reassessment notices in force while the matter proceeds to a full hearing before the court.
The [Supreme Court](https://www.thehawk.in/news/economy-and-business/sc-stays-punjab-and-haryana-hc-ruling-declaring-it-acts-section-147a-unconstitutional) has issued a stay on the Punjab and Haryana High Court ruling that declared Section 147A of the Income Tax Act unconstitutional, keeping reassessment notices in force.
- The stay means existing notices remain enforceable.
- The case will move to a full hearing before the court.
[Read the full report](https://www.thehawk.in/news/economy-and-business/sc-stays-punjab-and-haryana-hc-ruling-declaring-it-acts-section-147a-unconstitutional)
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.