https://www.taxtmi.com/highlights?id=87681 HC held that despite considering three block periods of limitation exclusion as per SC precedents, the re-assessment notice dated 23 July 2022 exceeded statutory limitation. The court specifically noted that even after adding 14 days for assessee's response to Section 148A(b) notice, the reassessment remained time-barred. Consequently, the writ petition was allowed, and the Section 148 notice was quashed, effectively invalidating the reassessment proceedings due to procedural time limitations. en-us Wed, 23 Apr 2025 09:09:34 +0530 Wed, 23 Apr 2025 09:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=87681 HC held that despite considering three block periods of limitation exclusion as per SC precedents, the re-assessment notice dated 23 July 2022 exceeded statutory limitation. The court specifically noted that even after adding 14 days for assessee's response to Section 148A(b) notice, the reassessment remained time-barred. Consequently, the writ petition was allowed, and the Section 148 notice was quashed, effectively invalidating the reassessment proceedings due to procedural time limitations. Highlights Income Tax Wed, 23 Apr 2025 09:09:34 +0530 https://www.taxtmi.com/highlights?id=87681