https://www.taxtmi.com/caselaws?id=787863 A reassessment notice under section 148 was treated as time-barred where it was issued after the transition to the new reassessment regime and after the surviving period for further action had expired. The analysis states that the extended time under TOLA did not apply to Assessment Year 2015-16, so the limitation period could not be saved by that relaxation. On that basis, a notice issued beyond the statutory time limit was considered unsustainable and incapable of supporting reassessment proceedings. en-us Fri, 13 Feb 2026 00:00:00 +0530 Fri, 13 Mar 2026 08:36:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787863 A reassessment notice under section 148 was treated as time-barred where it was issued after the transition to the new reassessment regime and after the surviving period for further action had expired. The analysis states that the extended time under TOLA did not apply to Assessment Year 2015-16, so the limitation period could not be saved by that relaxation. On that basis, a notice issued beyond the statutory time limit was considered unsustainable and incapable of supporting reassessment proceedings. Case-Laws Income Tax Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787863