https://www.taxtmi.com/caselaws?id=243583 Where a restored assessment was not completed within the statutory time limit under proviso 2(a) to section 153B of the Income-tax Act, the reassessment period had already expired and no further scrutiny could validly be initiated. The High Court held that the notice under section 143(2), issued after expiry of that mandatory limitation period, was without authority and liable to be quashed. The proceedings were therefore barred by limitation in favour of the assessee. en-us Mon, 30 Sep 2013 00:00:00 +0530 Sat, 21 Feb 2015 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243583 Where a restored assessment was not completed within the statutory time limit under proviso 2(a) to section 153B of the Income-tax Act, the reassessment period had already expired and no further scrutiny could validly be initiated. The High Court held that the notice under section 143(2), issued after expiry of that mandatory limitation period, was without authority and liable to be quashed. The proceedings were therefore barred by limitation in favour of the assessee. Case-Laws Income Tax Mon, 30 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243583