https://www.taxtmi.com/caselaws?id=391040 The High Court dismissed the appeal against the Income Tax Appellate Tribunal's decision, which set aside the notice under Section 148 of the Income Tax Act for the assessment year 2008-09. The Court held that the amendment to Section 149(3) of the Act was not retrospective, and the time limit for issuing the notice had expired before the amendment. Despite the appellant's argument for an exception under the Circular, the Court found no substantial legal question and dismissed the appeal, citing the well-reasoned Tribunal findings and Circular provisions. en-us Thu, 22 Aug 2019 00:00:00 +0530 Thu, 16 Jan 2020 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391040 The High Court dismissed the appeal against the Income Tax Appellate Tribunal's decision, which set aside the notice under Section 148 of the Income Tax Act for the assessment year 2008-09. The Court held that the amendment to Section 149(3) of the Act was not retrospective, and the time limit for issuing the notice had expired before the amendment. Despite the appellant's argument for an exception under the Circular, the Court found no substantial legal question and dismissed the appeal, citing the well-reasoned Tribunal findings and Circular provisions. Case-Laws Income Tax Thu, 22 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391040