https://www.taxtmi.com/caselaws?id=771968 Delhi HC held that reopening of assessment under Section 147 beyond the limitation period prescribed under Section 149 was invalid. The petitioner successfully challenged the assessment notice dated 30.08.2024 issued under Section 148A(d). Revenue's contention that Section 150's non-obstante clause applied based on Supreme Court's Abhisar Buildwell decision was rejected. HC followed its precedent in ARN Infrastructures India Ltd., ruling that the limitation period under Section 149 remained applicable. The writ petition was allowed, quashing the impugned notice as time-barred. en-us Thu, 22 May 2025 00:00:00 +0530 Mon, 02 Jun 2025 08:34:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771968 Delhi HC held that reopening of assessment under Section 147 beyond the limitation period prescribed under Section 149 was invalid. The petitioner successfully challenged the assessment notice dated 30.08.2024 issued under Section 148A(d). Revenue's contention that Section 150's non-obstante clause applied based on Supreme Court's Abhisar Buildwell decision was rejected. HC followed its precedent in ARN Infrastructures India Ltd., ruling that the limitation period under Section 149 remained applicable. The writ petition was allowed, quashing the impugned notice as time-barred. Case-Laws Income Tax Thu, 22 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771968