https://www.taxtmi.com/caselaws?id=786253 TOLA was held inapplicable to the relevant assessment year, so the regular limitation for issuing reassessment notices remained in force and expired on 31 March 2022; notices issued under the prior law between 1 April and 30 June 2021 therefore did not obtain an extended validity and were invalid. Following the Supreme Court precedent on limitation, an impugned notice issued after the extended due date was time barred; the notice and consequent reassessment were quashed, and the assessee's challenge on limitation grounds was allowed. en-us Fri, 06 Feb 2026 00:00:00 +0530 Tue, 10 Feb 2026 07:46:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786253 TOLA was held inapplicable to the relevant assessment year, so the regular limitation for issuing reassessment notices remained in force and expired on 31 March 2022; notices issued under the prior law between 1 April and 30 June 2021 therefore did not obtain an extended validity and were invalid. Following the Supreme Court precedent on limitation, an impugned notice issued after the extended due date was time barred; the notice and consequent reassessment were quashed, and the assessee's challenge on limitation grounds was allowed. Case-Laws Income Tax Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786253