https://www.taxtmi.com/caselaws?id=782525 ITAT Ahmedabad-AT held that the reassessment notice issued u/s 148 on 27.07.2022 was invalid as it was issued beyond the "surviving period" of six years prescribed under the new reassessment regime, as clarified by SC in Union of India v. Rajeev Bansal and followed by Gujarat HC. Consequently, the reassessment proceedings initiated u/s 148 were quashed as time-barred. As a result, the consequential assessment order dated 29.05.2023 was set aside, and the legal ground raised by the assessee was allowed. en-us Tue, 25 Nov 2025 00:00:00 +0530 Mon, 01 Dec 2025 08:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782525 ITAT Ahmedabad-AT held that the reassessment notice issued u/s 148 on 27.07.2022 was invalid as it was issued beyond the "surviving period" of six years prescribed under the new reassessment regime, as clarified by SC in Union of India v. Rajeev Bansal and followed by Gujarat HC. Consequently, the reassessment proceedings initiated u/s 148 were quashed as time-barred. As a result, the consequential assessment order dated 29.05.2023 was set aside, and the legal ground raised by the assessee was allowed. Case-Laws Income Tax Tue, 25 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782525