https://www.taxtmi.com/caselaws?id=464845 Reopening of assessment under section 147, including notice under section 148A(b) issued after the limitation period, was treated as governed by the Supreme Court's earlier decision in Union of India v. Rajeev Bansal. The Court applied that ruling to Special Leave Petitions concerning the scope of TOLA and the interaction between the new regime under the Finance Act, 2021 and the earlier reopening framework. The Revenue's petitions were disposed of, and the Assessing Officer was directed to decide the objections in accordance with the law laid down in that judgment. en-us Mon, 24 Feb 2025 00:00:00 +0530 Mon, 17 Nov 2025 18:42:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464845 Reopening of assessment under section 147, including notice under section 148A(b) issued after the limitation period, was treated as governed by the Supreme Court's earlier decision in Union of India v. Rajeev Bansal. The Court applied that ruling to Special Leave Petitions concerning the scope of TOLA and the interaction between the new regime under the Finance Act, 2021 and the earlier reopening framework. The Revenue's petitions were disposed of, and the Assessing Officer was directed to decide the objections in accordance with the law laid down in that judgment. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464845