https://www.taxtmi.com/caselaws?id=467411 Reassessment proceedings already concluded by an assessment order cannot be reopened through a fresh notice under Section 148A(b) under the Finance Act 2021 regime. The new reassessment framework and the Supreme Court rulings in Ashish Agarwal and Rajeev Bansal permit Section 148A(b) notices only where assessment proceedings remain incomplete; they do not authorise recall of a validly completed assessment or reassessment. Section 148A procedural requirements, including disclosure of relied-upon material, govern pending reassessment matters and cannot revive concluded proceedings. Accordingly, the fresh notice for the relevant assessment year was not maintainable and was set aside. en-us Tue, 04 Nov 2025 00:00:00 +0530 Tue, 17 Mar 2026 22:01:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467411 Reassessment proceedings already concluded by an assessment order cannot be reopened through a fresh notice under Section 148A(b) under the Finance Act 2021 regime. The new reassessment framework and the Supreme Court rulings in Ashish Agarwal and Rajeev Bansal permit Section 148A(b) notices only where assessment proceedings remain incomplete; they do not authorise recall of a validly completed assessment or reassessment. Section 148A procedural requirements, including disclosure of relied-upon material, govern pending reassessment matters and cannot revive concluded proceedings. Accordingly, the fresh notice for the relevant assessment year was not maintainable and was set aside. Case-Laws Income Tax Tue, 04 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467411