https://www.taxtmi.com/caselaws?id=757484 The Bombay HC quashed a Section 148 notice issued on 25 July 2022 for assessment year 2013-14, finding it beyond the limitation period. The six-year limitation expired on 31 March 2020, extended to 31 March 2021 due to Covid-19. The Assessing Officer erroneously applied Finance Act 2022 amendments effective from 1 April 2022 to the earlier assessment year. Since the notice was issued without jurisdiction after limitation expired, the subsequent assessment order dated 26 May 2023 was also rendered illegal and quashed. en-us Mon, 12 Aug 2024 00:00:00 +0530 Tue, 18 Mar 2025 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757484 The Bombay HC quashed a Section 148 notice issued on 25 July 2022 for assessment year 2013-14, finding it beyond the limitation period. The six-year limitation expired on 31 March 2020, extended to 31 March 2021 due to Covid-19. The Assessing Officer erroneously applied Finance Act 2022 amendments effective from 1 April 2022 to the earlier assessment year. Since the notice was issued without jurisdiction after limitation expired, the subsequent assessment order dated 26 May 2023 was also rendered illegal and quashed. Case-Laws Income Tax Mon, 12 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757484