https://www.taxtmi.com/caselaws?id=779793 The dominant issue was whether reassessment for AY 2015-16 could be validly reopened by a notice issued on 27.07.2022, having regard to the limitation under s.149(1) of the IT Act and the claimed extension under TOLA. Applying SC authority holding that TOLA did not extend limitation for such s.148 notices for AY 2015-16, and following consistent HC precedent, the Court held the notice was time-barred and without jurisdiction. Consequently, the impugned reassessment notice and consequential order were set aside. en-us Wed, 08 Oct 2025 00:00:00 +0530 Mon, 12 Jan 2026 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779793 The dominant issue was whether reassessment for AY 2015-16 could be validly reopened by a notice issued on 27.07.2022, having regard to the limitation under s.149(1) of the IT Act and the claimed extension under TOLA. Applying SC authority holding that TOLA did not extend limitation for such s.148 notices for AY 2015-16, and following consistent HC precedent, the Court held the notice was time-barred and without jurisdiction. Consequently, the impugned reassessment notice and consequential order were set aside. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779793