https://www.taxtmi.com/highlights?id=88786 HC ruled that the block period of six years for reassessment under Section 153C(1)(b) is to be calculated from 28.07.2022. The extended ten-year period is inapplicable in this case. The jurisdictional notice for Assessment Year 2016-17, falling beyond the six-year block period, was deemed unsustainable. Relying on prior judicial precedent, the court set aside the impugned notice, effectively invalidating the tax department's attempt to reopen the assessment beyond the prescribed statutory timeframe. en-us Tue, 27 May 2025 08:32:47 +0530 Tue, 27 May 2025 08:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88786 HC ruled that the block period of six years for reassessment under Section 153C(1)(b) is to be calculated from 28.07.2022. The extended ten-year period is inapplicable in this case. The jurisdictional notice for Assessment Year 2016-17, falling beyond the six-year block period, was deemed unsustainable. Relying on prior judicial precedent, the court set aside the impugned notice, effectively invalidating the tax department's attempt to reopen the assessment beyond the prescribed statutory timeframe. Highlights Income Tax Tue, 27 May 2025 08:32:47 +0530 https://www.taxtmi.com/highlights?id=88786