https://www.taxtmi.com/caselaws?id=467340 The challenge concerns whether reassessment proceedings under the post-2021 reassessment framework are time-barred where the earlier six-year limitation had expired before issuance. Applying the preserved limitation principle under the proviso to Section 149(1)(b) as construed in Rajeev Bansal and follow-on decisions, notices for Assessment Year 2017-18 issued on 07.05.2024 fell outside the preserved time limit because the six-year period expired on 31.03.2024; accordingly the reassessment order under Section 148A(d) and the Section 148 notice were quashed as time-barred, with consequential relief directed to the petitioner. en-us Thu, 21 Aug 2025 00:00:00 +0530 Fri, 13 Mar 2026 11:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467340 The challenge concerns whether reassessment proceedings under the post-2021 reassessment framework are time-barred where the earlier six-year limitation had expired before issuance. Applying the preserved limitation principle under the proviso to Section 149(1)(b) as construed in Rajeev Bansal and follow-on decisions, notices for Assessment Year 2017-18 issued on 07.05.2024 fell outside the preserved time limit because the six-year period expired on 31.03.2024; accordingly the reassessment order under Section 148A(d) and the Section 148 notice were quashed as time-barred, with consequential relief directed to the petitioner. Case-Laws Income Tax Thu, 21 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467340