https://www.taxtmi.com/article/detailed?id=13065 TOLA's temporal relief extends to relax limitation for issuance of reassessment notices and for grant of sanction where the original deadline fell within the pandemic window; the Income Tax Act must be read with the substituted reassessment provisions while applying TOLA only to extend time for notice issuance under Section 148 and for sanction under Section 151. Deemed notices under the prior regime treated as show cause notices under Section 148A(b) pause limitation until relevant material is supplied and a short response period elapses; reassessment notices issued after the surviving time are time barred. en-us Tue, 29 Oct 2024 10:26:56 +0530 Tue, 29 Oct 2024 10:26:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13065 TOLA's temporal relief extends to relax limitation for issuance of reassessment notices and for grant of sanction where the original deadline fell within the pandemic window; the Income Tax Act must be read with the substituted reassessment provisions while applying TOLA only to extend time for notice issuance under Section 148 and for sanction under Section 151. Deemed notices under the prior regime treated as show cause notices under Section 148A(b) pause limitation until relevant material is supplied and a short response period elapses; reassessment notices issued after the surviving time are time barred. Articles Income Tax Tue, 29 Oct 2024 10:26:56 +0530 https://www.taxtmi.com/article/detailed?id=13065