https://www.taxtmi.com/caselaws?id=436976 The court held that the notices issued under Section 148 of the Income Tax Act for reopening assessments for certain years were beyond the permissible time limit and therefore illegal and without jurisdiction. The petitions were allowed, and the notices and orders under Section 148 and Section 148A(d) of the Income Tax Act were set aside. The impact of the Finance Act, 2021 and judicial decisions clarified the limitations on issuing such notices. en-us Mon, 27 Mar 2023 00:00:00 +0530 Tue, 25 Apr 2023 08:44:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436976 The court held that the notices issued under Section 148 of the Income Tax Act for reopening assessments for certain years were beyond the permissible time limit and therefore illegal and without jurisdiction. The petitions were allowed, and the notices and orders under Section 148 and Section 148A(d) of the Income Tax Act were set aside. The impact of the Finance Act, 2021 and judicial decisions clarified the limitations on issuing such notices. Case-Laws Income Tax Mon, 27 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436976