https://www.taxtmi.com/caselaws?id=305925 Notices for reassessment issued after 31 March 2021 had to follow the substituted procedure under the Finance Act, 2021, because the new Sections 147 to 151 governed Section 148 notices issued after that date. The relaxation statute empowered only extension of time limits and could not be used to continue the earlier reassessment regime beyond its statutory cut-off or defer the substituted provisions. Section 6 of the General Clauses Act did not save the old procedure where fresh legislation had replaced it. The explanatory clauses in the extension notifications were therefore beyond delegated power and inconsistent with the parent statute. en-us Fri, 07 Jan 2022 00:00:00 +0530 Fri, 30 Dec 2022 09:52:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305925 Notices for reassessment issued after 31 March 2021 had to follow the substituted procedure under the Finance Act, 2021, because the new Sections 147 to 151 governed Section 148 notices issued after that date. The relaxation statute empowered only extension of time limits and could not be used to continue the earlier reassessment regime beyond its statutory cut-off or defer the substituted provisions. Section 6 of the General Clauses Act did not save the old procedure where fresh legislation had replaced it. The explanatory clauses in the extension notifications were therefore beyond delegated power and inconsistent with the parent statute. Case-Laws Income Tax Fri, 07 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305925