https://www.taxtmi.com/caselaws?id=782150 SC disposed of the Revenue's SLP concerning validity of reopening of assessment under the new reassessment regime and extended limitation under the IT Act read with TOLA. The Court applied the principles laid down in earlier SC decisions on identical issues, including the larger Bench ruling in Union of India v. Rajeev Bansal, holding that the law declared therein would govern the present dispute. No independent reasoning was added, and the matter was resolved in terms of those precedents. All pending applications in the case were also treated as disposed of. en-us Fri, 07 Nov 2025 00:00:00 +0530 Tue, 25 Nov 2025 08:55:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782150 SC disposed of the Revenue's SLP concerning validity of reopening of assessment under the new reassessment regime and extended limitation under the IT Act read with TOLA. The Court applied the principles laid down in earlier SC decisions on identical issues, including the larger Bench ruling in Union of India v. Rajeev Bansal, holding that the law declared therein would govern the present dispute. No independent reasoning was added, and the matter was resolved in terms of those precedents. All pending applications in the case were also treated as disposed of. Case-Laws Income Tax Fri, 07 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782150