https://www.taxtmi.com/caselaws?id=789279 The Supreme Court declined to interfere with High Court orders quashing reassessment notices issued on or after 1 April 2021 for assessment years 2013-14 and 2014-15, where the notices were treated as converted notices under Section 148A(b) and relied on TOLA-based extensions under Notifications Nos. 20/2021 and 38/2021. The Court noted that the notices were time-barred after the Finance Act, 2021 substituted the reassessment regime, and found no satisfactory explanation for the inordinate delay in filing the Special Leave Petitions. The SLPs were dismissed both for delay and on merits. en-us Thu, 02 Apr 2026 00:00:00 +0530 Mon, 06 Apr 2026 08:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789279 The Supreme Court declined to interfere with High Court orders quashing reassessment notices issued on or after 1 April 2021 for assessment years 2013-14 and 2014-15, where the notices were treated as converted notices under Section 148A(b) and relied on TOLA-based extensions under Notifications Nos. 20/2021 and 38/2021. The Court noted that the notices were time-barred after the Finance Act, 2021 substituted the reassessment regime, and found no satisfactory explanation for the inordinate delay in filing the Special Leave Petitions. The SLPs were dismissed both for delay and on merits. Case-Laws Income Tax Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789279