https://www.taxtmi.com/caselaws?id=784864 A reassessment notice issued under section 148 after expiry of the permissible limitation period for assessment year 2015-16 could not be sustained, because the substituted reassessment regime applied and TOLA did not extend time for that year. The Tribunal followed Supreme Court and Delhi High Court rulings on identical facts and held that the notice dated 26.07.2022 was time-barred, so the reassessment order based on it could not survive and was set aside in favour of the assessee. en-us Fri, 09 Jan 2026 00:00:00 +0530 Tue, 13 Jan 2026 08:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784864 A reassessment notice issued under section 148 after expiry of the permissible limitation period for assessment year 2015-16 could not be sustained, because the substituted reassessment regime applied and TOLA did not extend time for that year. The Tribunal followed Supreme Court and Delhi High Court rulings on identical facts and held that the notice dated 26.07.2022 was time-barred, so the reassessment order based on it could not survive and was set aside in favour of the assessee. Case-Laws Income Tax Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784864