https://www.taxtmi.com/caselaws?id=284372 The Tribunal allowed the assessee's appeals, quashing the notices issued under Section 148 and the consequential assessment orders for AYs 1996-97 and 1997-98. The Tribunal dismissed the Revenue's appeals as infructuous, given the quashing of the assessments. The decision underscores the principle that amendments to tax laws cannot retrospectively revive time-barred assessments. en-us Mon, 25 Feb 2019 00:00:00 +0530 Thu, 14 Nov 2019 10:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284372 The Tribunal allowed the assessee's appeals, quashing the notices issued under Section 148 and the consequential assessment orders for AYs 1996-97 and 1997-98. The Tribunal dismissed the Revenue's appeals as infructuous, given the quashing of the assessments. The decision underscores the principle that amendments to tax laws cannot retrospectively revive time-barred assessments. Case-Laws Income Tax Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284372