https://www.taxtmi.com/caselaws?id=771696 The HC examined a reassessment notice for AY 2015-16 issued under Section 148 on 13.07.2022. Based on SC precedents in Rajeev Bansal and Deepak Steel, the court found the notice invalid due to limitation bar and non-compliance with Section 148A procedural requirements. The Revenue's own concession before SC that notices issued after 1 April 2021 for AY 2015-16 must be dropped was decisive. Consequently, the HC quashed the notice and related proceedings. en-us Thu, 22 May 2025 00:00:00 +0530 Thu, 29 May 2025 08:41:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771696 The HC examined a reassessment notice for AY 2015-16 issued under Section 148 on 13.07.2022. Based on SC precedents in Rajeev Bansal and Deepak Steel, the court found the notice invalid due to limitation bar and non-compliance with Section 148A procedural requirements. The Revenue's own concession before SC that notices issued after 1 April 2021 for AY 2015-16 must be dropped was decisive. Consequently, the HC quashed the notice and related proceedings. Case-Laws Income Tax Thu, 22 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771696