https://www.taxtmi.com/caselaws?id=775781 The ITAT Delhi held that issuance of notice under section 148 during the pendency of the original assessment and before the expiry of the time limit under section 143(2) was invalid as it improperly sought to extend the assessment period. Consequently, the reassessment proceedings under sections 147/148 were declared void ab initio and quashed. Further, the revision proceedings under section 263 based on these void reassessment proceedings were also quashed. The appeal of the assessee was allowed. en-us Fri, 25 Jul 2025 00:00:00 +0530 Thu, 31 Jul 2025 08:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775781 The ITAT Delhi held that issuance of notice under section 148 during the pendency of the original assessment and before the expiry of the time limit under section 143(2) was invalid as it improperly sought to extend the assessment period. Consequently, the reassessment proceedings under sections 147/148 were declared void ab initio and quashed. Further, the revision proceedings under section 263 based on these void reassessment proceedings were also quashed. The appeal of the assessee was allowed. Case-Laws Income Tax Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775781