https://www.taxtmi.com/caselaws?id=770450 Bombay HC held that a notice under s.148 accompanied by an order under s.148A(d) must be issued within the time prescribed by s.149(1); s.148A(d) does not extend or alter the computation under s.149(1). The timeline in s.148A(d) governs AO compliance but cannot lengthen the limitation for issuing a s.148 notice. Applying precedent, the HC found the s.148 notice was beyond the s.149(1) period and therefore invalid. The reassessment notice was quashed and the assessee's appeal was allowed. en-us Thu, 08 May 2025 00:00:00 +0530 Mon, 17 Nov 2025 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770450 Bombay HC held that a notice under s.148 accompanied by an order under s.148A(d) must be issued within the time prescribed by s.149(1); s.148A(d) does not extend or alter the computation under s.149(1). The timeline in s.148A(d) governs AO compliance but cannot lengthen the limitation for issuing a s.148 notice. Applying precedent, the HC found the s.148 notice was beyond the s.149(1) period and therefore invalid. The reassessment notice was quashed and the assessee's appeal was allowed. Case-Laws Income Tax Thu, 08 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770450