https://www.taxtmi.com/highlights?id=66071 Reopening of assessment - notice u/s 148 A(b) - if the provisions of Section 149(1)(b) of the Act of 1961 are considered, it is seen that only if the amount in question that is likely to have escaped assessment is Rs.50,00,000/- or more, the time limit for issuing notice to re-open the assessment is three years but less than ten years. - HC en-us Sat, 15 Oct 2022 09:11:14 +0530 Sat, 15 Oct 2022 09:11:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66071 Reopening of assessment - notice u/s 148 A(b) - if the provisions of Section 149(1)(b) of the Act of 1961 are considered, it is seen that only if the amount in question that is likely to have escaped assessment is Rs.50,00,000/- or more, the time limit for issuing notice to re-open the assessment is three years but less than ten years. - HC Highlights Income Tax Sat, 15 Oct 2022 09:11:14 +0530 https://www.taxtmi.com/highlights?id=66071