https://www.taxtmi.com/caselaws?id=765509 HC allowed the petition and quashed the impugned order under s.148A(d) and notice under s.148, holding they were time-barred. The court found the two-week response period from the 30.05.2022 notice was excluded under the third proviso to s.149(1); the petitioner replied on 13.06.2022, so limitation ran from that date. By application of TOLA the AO had 29 days remaining when reassessment commenced on 01.06.2021, expiring on 12.07.2022. The notice issued on 30.07.2022 exceeded the limitation period, so the reassessment action was invalid. en-us Thu, 30 Jan 2025 00:00:00 +0530 Wed, 17 Jun 2026 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765509 HC allowed the petition and quashed the impugned order under s.148A(d) and notice under s.148, holding they were time-barred. The court found the two-week response period from the 30.05.2022 notice was excluded under the third proviso to s.149(1); the petitioner replied on 13.06.2022, so limitation ran from that date. By application of TOLA the AO had 29 days remaining when reassessment commenced on 01.06.2021, expiring on 12.07.2022. The notice issued on 30.07.2022 exceeded the limitation period, so the reassessment action was invalid. Case-Laws Income Tax Thu, 30 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765509