https://www.taxtmi.com/caselaws?id=394903 Section 150 of the Income-tax Act, 1961 can save reassessment notices issued under Section 148 even where ordinary limitation under Section 149 has expired, if the reassessment is to give effect to a finding or direction in an appellate or revisional order. The doctrine of merger of the appellate order with the Tribunal's order does not by itself prevent implementation of such directions. The restriction in Section 150(2) applies only where the reassessment was already time-barred when the original assessment order was passed; on the stated facts, that bar did not apply, so the reopening notices were treated as within limitation. en-us Mon, 09 Mar 2020 00:00:00 +0530 Mon, 27 Apr 2020 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394903 Section 150 of the Income-tax Act, 1961 can save reassessment notices issued under Section 148 even where ordinary limitation under Section 149 has expired, if the reassessment is to give effect to a finding or direction in an appellate or revisional order. The doctrine of merger of the appellate order with the Tribunal's order does not by itself prevent implementation of such directions. The restriction in Section 150(2) applies only where the reassessment was already time-barred when the original assessment order was passed; on the stated facts, that bar did not apply, so the reopening notices were treated as within limitation. Case-Laws Income Tax Mon, 09 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394903