https://www.taxtmi.com/caselaws?id=776729 HC upheld reopening of assessment under section 147/148, holding that time excluded under section 149 (covering period when show-cause notice under 148A(b) was pending and proceedings stayed) prevents the notice from being time-barred. Notice issued after three years from end of assessment year was valid because the period from 1 Apr 2021 to 20 Mar 2022 is excluded in computing limitation. Sanction by the Principal Commissioner under section 151(i) was also held lawful. Consequently, the taxpayer's challenge to the reopening and the sanction was dismissed. en-us Fri, 08 Aug 2025 00:00:00 +0530 Wed, 13 Aug 2025 12:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776729 HC upheld reopening of assessment under section 147/148, holding that time excluded under section 149 (covering period when show-cause notice under 148A(b) was pending and proceedings stayed) prevents the notice from being time-barred. Notice issued after three years from end of assessment year was valid because the period from 1 Apr 2021 to 20 Mar 2022 is excluded in computing limitation. Sanction by the Principal Commissioner under section 151(i) was also held lawful. Consequently, the taxpayer's challenge to the reopening and the sanction was dismissed. Case-Laws Income Tax Fri, 08 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776729