https://www.taxtmi.com/caselaws?id=766843 A reassessment notice for Assessment Year 2014-15 was held unsustainable because, under the amended reassessment regime applicable from 1 April 2021, reopening had to satisfy the limitation under Section 149 or the search-based framework under Sections 153A and 153C. On the stated facts, the year fell beyond the ten-year block period, and the search-related computation did not extend the permissible period for that assessment year. The notice under Section 148 was therefore time-barred and liable to be quashed. en-us Thu, 27 Feb 2025 00:00:00 +0530 Wed, 05 Mar 2025 07:49:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766843 A reassessment notice for Assessment Year 2014-15 was held unsustainable because, under the amended reassessment regime applicable from 1 April 2021, reopening had to satisfy the limitation under Section 149 or the search-based framework under Sections 153A and 153C. On the stated facts, the year fell beyond the ten-year block period, and the search-related computation did not extend the permissible period for that assessment year. The notice under Section 148 was therefore time-barred and liable to be quashed. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766843