https://www.taxtmi.com/caselaws?id=756070 The Bombay HC held that a notice under Section 148 issued on 4th April, 2022 was beyond the prescribed limitation period. The court ruled that issuance of notice under Section 148A (inquiry provision) cannot be considered within the ambit of Section 149's first proviso, making the reassessment notice time-barred and consequent actions illegal. Additionally, the court found that a notice dated 27th August, 2022 issued by JAO instead of the National Faceless Assessment Centre violated the faceless assessment scheme under Section 151A and related notifications. The assessee's appeal was allowed on both grounds. en-us Tue, 25 Jun 2024 00:00:00 +0530 Fri, 26 Jul 2024 09:08:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756070 The Bombay HC held that a notice under Section 148 issued on 4th April, 2022 was beyond the prescribed limitation period. The court ruled that issuance of notice under Section 148A (inquiry provision) cannot be considered within the ambit of Section 149's first proviso, making the reassessment notice time-barred and consequent actions illegal. Additionally, the court found that a notice dated 27th August, 2022 issued by JAO instead of the National Faceless Assessment Centre violated the faceless assessment scheme under Section 151A and related notifications. The assessee's appeal was allowed on both grounds. Case-Laws Income Tax Tue, 25 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756070