https://www.taxtmi.com/caselaws?id=772027 ITAT Mumbai held that notice under section 148 issued on 22/07/2022 was barred by limitation. Following SC decision in Rajeev Bansal, Revenue had only 2 days (29/06/2021 to 30/06/2021) to issue notice after receiving assessee's response on 13/06/2022 to show cause notice under section 148A(b). Notice was issued 37 days after surviving balance time period expired. Even considering fourth proviso to section 149 granting 7 days extension, notice remained time-barred. Assessee's appeal was allowed. en-us Tue, 27 May 2025 00:00:00 +0530 Tue, 03 Jun 2025 08:50:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772027 ITAT Mumbai held that notice under section 148 issued on 22/07/2022 was barred by limitation. Following SC decision in Rajeev Bansal, Revenue had only 2 days (29/06/2021 to 30/06/2021) to issue notice after receiving assessee's response on 13/06/2022 to show cause notice under section 148A(b). Notice was issued 37 days after surviving balance time period expired. Even considering fourth proviso to section 149 granting 7 days extension, notice remained time-barred. Assessee's appeal was allowed. Case-Laws Income Tax Tue, 27 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772027