https://www.taxtmi.com/caselaws?id=459678 Gujarat HC quashed reassessment notice under Section 148 for Assessment Year 2013-14 as time-barred. Court held that notices issued between 01.04.2021 to 30.06.2021 under old regime exceeded prescribed six-year limitation period from end of relevant assessment year. Following precedents in Keenara Industries and Rajeev Bansal, HC ruled such notices cannot be issued under amended provisions either. Revenue could not dispute established legal position. Notice and consequential actions under Section 148A(d) were quashed for being beyond permissible time limit and without jurisdiction. en-us Mon, 27 Mar 2023 00:00:00 +0530 Sun, 22 Dec 2024 12:43:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459678 Gujarat HC quashed reassessment notice under Section 148 for Assessment Year 2013-14 as time-barred. Court held that notices issued between 01.04.2021 to 30.06.2021 under old regime exceeded prescribed six-year limitation period from end of relevant assessment year. Following precedents in Keenara Industries and Rajeev Bansal, HC ruled such notices cannot be issued under amended provisions either. Revenue could not dispute established legal position. Notice and consequential actions under Section 148A(d) were quashed for being beyond permissible time limit and without jurisdiction. Case-Laws Income Tax Mon, 27 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459678