https://www.taxtmi.com/highlights?id=67157 Reassessment proceedings - during the pendency of the proceedings u/s 154 for rectification of error, it was not permissible on the part of the Revenue to initiate the proceedings u/s 147/148 of the Act - The High Court has erred in presuming and observing that the proceedings u/s 154 were invalid because the same were beyond the period of limitation. - SC en-us Fri, 16 Dec 2022 13:25:53 +0530 Fri, 16 Dec 2022 13:30:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67157 Reassessment proceedings - during the pendency of the proceedings u/s 154 for rectification of error, it was not permissible on the part of the Revenue to initiate the proceedings u/s 147/148 of the Act - The High Court has erred in presuming and observing that the proceedings u/s 154 were invalid because the same were beyond the period of limitation. - SC Highlights Income Tax Fri, 16 Dec 2022 13:25:53 +0530 https://www.taxtmi.com/highlights?id=67157