https://www.taxtmi.com/caselaws?id=781707 HC upheld reopening of assessment for AY 2015-16 following a search on 19.05.2023, holding the First Proviso to s.149 (w.e.f. 01.04.2023) permits notices under s.148 where proceedings could have arisen under former ss.153A/153C. Time limit for issuance in search cases aligns with s.153A (and s.153C) permitting reassessment up to ten years from the relevant assessment year; thus the AO validly reopened the assessment. The petitioner's contention that detected escape was below Rs.50 lakh was rejected and the writ petition dismissed. en-us Fri, 14 Nov 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781707 HC upheld reopening of assessment for AY 2015-16 following a search on 19.05.2023, holding the First Proviso to s.149 (w.e.f. 01.04.2023) permits notices under s.148 where proceedings could have arisen under former ss.153A/153C. Time limit for issuance in search cases aligns with s.153A (and s.153C) permitting reassessment up to ten years from the relevant assessment year; thus the AO validly reopened the assessment. The petitioner's contention that detected escape was below Rs.50 lakh was rejected and the writ petition dismissed. Case-Laws Income Tax Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781707