https://www.taxtmi.com/acts?id=49820 Amendment substitutes clauses (a) and (b) of section 149(1) to provide that reopening is barred after four years from the end of the relevant assessment year unless clause (b) applies, and that reopening is permissible where four years, but not more than six years have elapsed if the income escaped assessment amounts to or is likely to amount to the statutory monetary threshold. en-us Tue, 25 Feb 2025 14:20:31 +0530 Tue, 25 Feb 2025 14:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49820 Amendment substitutes clauses (a) and (b) of section 149(1) to provide that reopening is barred after four years from the end of the relevant assessment year unless clause (b) applies, and that reopening is permissible where four years, but not more than six years have elapsed if the income escaped assessment amounts to or is likely to amount to the statutory monetary threshold. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 14:20:31 +0530 https://www.taxtmi.com/acts?id=49820