https://www.taxtmi.com/caselaws?id=467306 Reassessment notices issued after 1 April 2021 must fall within the surviving limitation period recognised under the Ashish Agarwal and Rajeev Bansal principles. A notice issued beyond that period is invalid. Reassessment also requires compliance with Section 148A, including disclosure of relied-upon material and a reasoned order, and valid sanction under Section 151; failure to meet these mandatory conditions deprives the reassessment of jurisdiction. Where reassessment fails on limitation or jurisdictional grounds, the assessment, resulting additions and consequential demands cannot survive and must be quashed. en-us Wed, 26 Nov 2025 00:00:00 +0530 Thu, 12 Mar 2026 17:47:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467306 Reassessment notices issued after 1 April 2021 must fall within the surviving limitation period recognised under the Ashish Agarwal and Rajeev Bansal principles. A notice issued beyond that period is invalid. Reassessment also requires compliance with Section 148A, including disclosure of relied-upon material and a reasoned order, and valid sanction under Section 151; failure to meet these mandatory conditions deprives the reassessment of jurisdiction. Where reassessment fails on limitation or jurisdictional grounds, the assessment, resulting additions and consequential demands cannot survive and must be quashed. Case-Laws Income Tax Wed, 26 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467306