https://www.taxtmi.com/caselaws?id=465049 Reassessment notices issued under section 148 for Assessment Year 2015-2016 after 01.04.2021, relying on the TOLA relaxation period, could not be sustained because the Supreme Court had accepted the Revenue's concession that such notices for that year had to be dropped. Following Rajeev Bansal, Deepak Steel and Power Ltd., and its own allied decisions, the Gujarat HC held that notices issued on or after 01.04.2021 and the consequential proceedings were invalid in law. en-us Mon, 14 Jul 2025 00:00:00 +0530 Sat, 29 Nov 2025 13:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465049 Reassessment notices issued under section 148 for Assessment Year 2015-2016 after 01.04.2021, relying on the TOLA relaxation period, could not be sustained because the Supreme Court had accepted the Revenue's concession that such notices for that year had to be dropped. Following Rajeev Bansal, Deepak Steel and Power Ltd., and its own allied decisions, the Gujarat HC held that notices issued on or after 01.04.2021 and the consequential proceedings were invalid in law. Case-Laws Income Tax Mon, 14 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465049