https://www.taxtmi.com/caselaws?id=773514 ITAT Mumbai held that notice u/s 148 dated 19.04.2022 for AY 2015-16 was barred by limitation and bad in law. Though show cause notice u/s 148A(b) was issued on 24.03.2022 within the old regime's limitation period ending 31.03.2022, the actual notice u/s 148 was issued after limitation expired. The first proviso to section 149(1)(b) applies limitation only to notices u/s 148, not preliminary notices u/s 148A(b). The reassessment proceedings and assessment order were consequently quashed. en-us Mon, 16 Jun 2025 00:00:00 +0530 Tue, 24 Jun 2025 08:25:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773514 ITAT Mumbai held that notice u/s 148 dated 19.04.2022 for AY 2015-16 was barred by limitation and bad in law. Though show cause notice u/s 148A(b) was issued on 24.03.2022 within the old regime's limitation period ending 31.03.2022, the actual notice u/s 148 was issued after limitation expired. The first proviso to section 149(1)(b) applies limitation only to notices u/s 148, not preliminary notices u/s 148A(b). The reassessment proceedings and assessment order were consequently quashed. Case-Laws Income Tax Mon, 16 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773514