https://www.taxtmi.com/caselaws?id=434566 The court held that reassessment proceedings initiated with notices issued between 01.04.2021 and 30.06.2021 cannot benefit from the relaxation/extension under TOLA 2020. Additionally, the court ruled that the benefit of TOLA 2020 would not apply in cases where the first proviso to Section 149(1)(b) is triggered. Reassessment notices issued post-01.04.2021 must adhere to the new provisions, with the first proviso to Section 149(1)(b) preventing the reopening of assessments time-barred under the previous regulations. Consequently, all writ petitions were disposed of in accordance with these findings. en-us Wed, 22 Feb 2023 00:00:00 +0530 Fri, 12 May 2023 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434566 The court held that reassessment proceedings initiated with notices issued between 01.04.2021 and 30.06.2021 cannot benefit from the relaxation/extension under TOLA 2020. Additionally, the court ruled that the benefit of TOLA 2020 would not apply in cases where the first proviso to Section 149(1)(b) is triggered. Reassessment notices issued post-01.04.2021 must adhere to the new provisions, with the first proviso to Section 149(1)(b) preventing the reopening of assessments time-barred under the previous regulations. Consequently, all writ petitions were disposed of in accordance with these findings. Case-Laws Income Tax Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434566