https://www.taxtmi.com/caselaws?id=463871 Reassessment notices under the substituted section 148A/148 regime for assessment year 2015-16 were treated as time-barred because notices issued on or after 1 April 2021 could not survive under the limitation framework, as read with the COVID-era relaxation and binding Supreme Court precedent. The court applied the later reassessment scheme and the recorded concession that such notices for that year had to be dropped, and held that the reassessment action initiated against the taxpayer was beyond time. The section 148A(d) order, consequential section 148 notice, and show cause notice were therefore set aside as barred by limitation. en-us Wed, 19 Mar 2025 00:00:00 +0530 Fri, 19 Sep 2025 13:15:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463871 Reassessment notices under the substituted section 148A/148 regime for assessment year 2015-16 were treated as time-barred because notices issued on or after 1 April 2021 could not survive under the limitation framework, as read with the COVID-era relaxation and binding Supreme Court precedent. The court applied the later reassessment scheme and the recorded concession that such notices for that year had to be dropped, and held that the reassessment action initiated against the taxpayer was beyond time. The section 148A(d) order, consequential section 148 notice, and show cause notice were therefore set aside as barred by limitation. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463871