https://www.taxtmi.com/caselaws?id=311346 The HC addressed a challenge to a notice under Section 148 of the Income Tax Act, 1961, for the assessment year 2015-16, on jurisdiction and limitation grounds. The petitioner argued the notice was barred by limitation under Section 149. The Court found the reassessment proceedings potentially time-barred and ordered a stay, requiring respondents to file an affidavit-in-opposition within eight weeks and a reply within three weeks. No further proceedings were allowed based on the impugned notice until the writ application was resolved. The case was scheduled for a detailed hearing after 11 weeks. en-us Thu, 15 Jun 2023 00:00:00 +0530 Thu, 21 Dec 2023 06:03:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311346 The HC addressed a challenge to a notice under Section 148 of the Income Tax Act, 1961, for the assessment year 2015-16, on jurisdiction and limitation grounds. The petitioner argued the notice was barred by limitation under Section 149. The Court found the reassessment proceedings potentially time-barred and ordered a stay, requiring respondents to file an affidavit-in-opposition within eight weeks and a reply within three weeks. No further proceedings were allowed based on the impugned notice until the writ application was resolved. The case was scheduled for a detailed hearing after 11 weeks. Case-Laws Income Tax Thu, 15 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311346