https://www.taxtmi.com/caselaws?id=466500 Application of the post 2021 reassessment procedure requires computing a surviving time limit from the deemed initial notice date, subtracting the assessee's allotted reply period, and applying an extension to a minimum seven days where the surviving period is shorter; under that principle a notice issued after the computed surviving time limit is invalid and any resulting reassessment is liable to be quashed. On the facts the deemed notice dated 30.06.2021, expiry of the reply period and exclusions produced a surviving limit ending 19.06.2022, whereas the subsequent notice dated 28.07.2022 fell outside that limit, rendering the reassessment invalid. en-us Thu, 27 Feb 2025 00:00:00 +0530 Tue, 10 Feb 2026 19:01:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466500 Application of the post 2021 reassessment procedure requires computing a surviving time limit from the deemed initial notice date, subtracting the assessee's allotted reply period, and applying an extension to a minimum seven days where the surviving period is shorter; under that principle a notice issued after the computed surviving time limit is invalid and any resulting reassessment is liable to be quashed. On the facts the deemed notice dated 30.06.2021, expiry of the reply period and exclusions produced a surviving limit ending 19.06.2022, whereas the subsequent notice dated 28.07.2022 fell outside that limit, rendering the reassessment invalid. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466500