https://www.taxtmi.com/caselaws?id=772301 The SC upheld the ITAT's decision that the AO lacked jurisdiction to reopen the assessment due to limitation period expiry. The court deferred the question of retrospective applicability of the 2012 amendment to Section 149 to a larger bench, noting conflicting judicial interpretations about extending reassessment proceedings from 6 to 16 years. The appeal was directed to be heard with connected matters raising similar legal issues. en-us Fri, 30 May 2025 00:00:00 +0530 Fri, 06 Jun 2025 08:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772301 The SC upheld the ITAT's decision that the AO lacked jurisdiction to reopen the assessment due to limitation period expiry. The court deferred the question of retrospective applicability of the 2012 amendment to Section 149 to a larger bench, noting conflicting judicial interpretations about extending reassessment proceedings from 6 to 16 years. The appeal was directed to be heard with connected matters raising similar legal issues. Case-Laws Income Tax Fri, 30 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772301