https://www.taxtmi.com/caselaws?id=6072 The SC held that amended provisions of section 150(1) cannot be used to reopen assessments that have already attained finality and were previously barred from reopening due to limitation periods under section 149. The court ruled that finalized assessments cannot be disturbed through subsequent amendments to reopening provisions, maintaining the principle that limitation bars cannot be retrospectively overcome to revive time-barred reassessment proceedings. en-us Thu, 11 Apr 2002 00:00:00 +0530 Wed, 14 May 2025 12:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6072 The SC held that amended provisions of section 150(1) cannot be used to reopen assessments that have already attained finality and were previously barred from reopening due to limitation periods under section 149. The court ruled that finalized assessments cannot be disturbed through subsequent amendments to reopening provisions, maintaining the principle that limitation bars cannot be retrospectively overcome to revive time-barred reassessment proceedings. Case-Laws Income Tax Thu, 11 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6072