https://www.taxtmi.com/caselaws?id=769124 ITAT DELHI - AT held reassessment under s.147 barred by limitation under s.149. TOLA extended the limitation to 30-06-2021, leaving the AO eight days' limitation when reassessment commenced; subsequent notices and responses meant the limitation period resumed but AO failed to complete required steps within the remaining eight days and issued the reassessment order on 23-07-2022. Because the period prescribed by s.149(1) had expired before the order, the reassessment was time-barred and decision was in favour of the assessee. en-us Wed, 16 Apr 2025 00:00:00 +0530 Mon, 10 Nov 2025 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769124 ITAT DELHI - AT held reassessment under s.147 barred by limitation under s.149. TOLA extended the limitation to 30-06-2021, leaving the AO eight days' limitation when reassessment commenced; subsequent notices and responses meant the limitation period resumed but AO failed to complete required steps within the remaining eight days and issued the reassessment order on 23-07-2022. Because the period prescribed by s.149(1) had expired before the order, the reassessment was time-barred and decision was in favour of the assessee. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769124