https://www.taxtmi.com/caselaws?id=775406 A reassessment notice for assessment year 2014-15 was challenged on limitation, with the issue turning on whether the original notice issued on 17.06.2021, treated as a deemed notice under section 148A(b) after the Supreme Court's transitional directions, left time for a valid fresh notice under section 148. The applicable limitation under section 149, as extended by those directions, expired on 28.06.2022, but the fresh notice was issued on 29.07.2022. On that factual and statutory basis, the notice was held time-barred and the reassessment was quashed in favour of the assessee. en-us Mon, 02 Jun 2025 00:00:00 +0530 Fri, 25 Jul 2025 08:28:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775406 A reassessment notice for assessment year 2014-15 was challenged on limitation, with the issue turning on whether the original notice issued on 17.06.2021, treated as a deemed notice under section 148A(b) after the Supreme Court's transitional directions, left time for a valid fresh notice under section 148. The applicable limitation under section 149, as extended by those directions, expired on 28.06.2022, but the fresh notice was issued on 29.07.2022. On that factual and statutory basis, the notice was held time-barred and the reassessment was quashed in favour of the assessee. Case-Laws Income Tax Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775406