https://www.taxtmi.com/caselaws?id=768483 The SC/Tribunal invalidated a tax reassessment notice under Section 148 of the Income Tax Act. The notice was issued beyond the three-year limitation period and without proper authorization from the Principal Chief Commissioner. The court found the notice void ab initio, quashed the subsequent assessment order, and dismissed the Revenue's appeal, emphasizing that statutory amendments apply prospectively and procedural requirements must be strictly followed. en-us Fri, 28 Mar 2025 00:00:00 +0530 Fri, 06 Mar 2026 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768483 The SC/Tribunal invalidated a tax reassessment notice under Section 148 of the Income Tax Act. The notice was issued beyond the three-year limitation period and without proper authorization from the Principal Chief Commissioner. The court found the notice void ab initio, quashed the subsequent assessment order, and dismissed the Revenue's appeal, emphasizing that statutory amendments apply prospectively and procedural requirements must be strictly followed. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768483