https://www.taxtmi.com/caselaws?id=778124 ITAT AMRITSAR held the reassessment invalid and quashed proceedings under s.147 r/w s.144 (with s.144B), finding the s.148 notice issued on 25 July 2022 was time-barred. Applying the SC rulings on the "surviving period" and excluding the interregnum until 04.05.2022 and the period afforded for production and response, the surviving period totaled 24 days, which made the revised limitation expire on 26 June 2022. Because the notice fell beyond that date, the appeal by the assessee was allowed. en-us Mon, 08 Sep 2025 00:00:00 +0530 Thu, 11 Sep 2025 08:29:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778124 ITAT AMRITSAR held the reassessment invalid and quashed proceedings under s.147 r/w s.144 (with s.144B), finding the s.148 notice issued on 25 July 2022 was time-barred. Applying the SC rulings on the "surviving period" and excluding the interregnum until 04.05.2022 and the period afforded for production and response, the surviving period totaled 24 days, which made the revised limitation expire on 26 June 2022. Because the notice fell beyond that date, the appeal by the assessee was allowed. Case-Laws Income Tax Mon, 08 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778124