https://www.taxtmi.com/caselaws?id=312022 The HC dismissed the petition challenging the reassessment proceedings and notices issued under Section 148 of the Income Tax Act. The court held that the second proviso to Section 149 exempts cases involving searches from the time limitations for issuing such notices. The court concluded that the Revenue retains the authority to issue notices without time restrictions in search-related cases, rendering the petitioner's arguments based on the proviso as untenable. Consequently, the petition was dismissed without costs. en-us Mon, 30 Oct 2023 00:00:00 +0530 Sun, 28 Jan 2024 10:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312022 The HC dismissed the petition challenging the reassessment proceedings and notices issued under Section 148 of the Income Tax Act. The court held that the second proviso to Section 149 exempts cases involving searches from the time limitations for issuing such notices. The court concluded that the Revenue retains the authority to issue notices without time restrictions in search-related cases, rendering the petitioner's arguments based on the proviso as untenable. Consequently, the petition was dismissed without costs. Case-Laws Income Tax Mon, 30 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312022