https://www.taxtmi.com/caselaws?id=447820 The HC determined that the reassessment proceedings for the Assessment Year 2013-14 were time-barred under the Income Tax Act, 1961. The petitioner successfully argued that the notice under Section 148 was issued beyond the permissible period, and the respondent failed to prove timely dispatch. Consequently, the court set aside all related orders and notices, disposed of the writ petition, and vacated the interim order, emphasizing the necessity of adhering to statutory timelines in tax reassessment processes. en-us Wed, 20 Dec 2023 00:00:00 +0530 Fri, 05 Jan 2024 08:47:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447820 The HC determined that the reassessment proceedings for the Assessment Year 2013-14 were time-barred under the Income Tax Act, 1961. The petitioner successfully argued that the notice under Section 148 was issued beyond the permissible period, and the respondent failed to prove timely dispatch. Consequently, the court set aside all related orders and notices, disposed of the writ petition, and vacated the interim order, emphasizing the necessity of adhering to statutory timelines in tax reassessment processes. Case-Laws Income Tax Wed, 20 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447820