https://www.taxtmi.com/caselaws?id=776577 The HC held that the notice dated 29.7.2022 was time-barred and the notice dated 30.6.2021 was invalid under the limitation period prescribed for reopening assessments. Applying the Apex Court's ruling in Union of India v. Rajeev Bansal and Union of India v. Ashish Agarwal, the court found that the notice under Section 148 issued on 29.7.2022 exceeded the permissible time frame, rendering the reopening procedure defective. Consequently, the reopening of assessment was quashed. en-us Tue, 24 Jun 2025 00:00:00 +0530 Wed, 13 Aug 2025 07:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776577 The HC held that the notice dated 29.7.2022 was time-barred and the notice dated 30.6.2021 was invalid under the limitation period prescribed for reopening assessments. Applying the Apex Court's ruling in Union of India v. Rajeev Bansal and Union of India v. Ashish Agarwal, the court found that the notice under Section 148 issued on 29.7.2022 exceeded the permissible time frame, rendering the reopening procedure defective. Consequently, the reopening of assessment was quashed. Case-Laws Income Tax Tue, 24 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776577