https://www.taxtmi.com/caselaws?id=789326 Reassessment proceedings initiated after the surviving limitation period were invalid, because a notice under section 148/148A(b) must be issued within the time still available under the law. Applying the principles in Ashish Agarwal, Rajeev Bansal and Ram Balram Buildhome, the ITAT Delhi held that reassessment steps taken beyond the surviving time limit could not be sustained. As the notice and consequential reassessment order were issued after limitation had expired, the assessment lost validity and the reassessment was quashed in favour of the assessee. en-us Fri, 27 Feb 2026 00:00:00 +0530 Tue, 07 Apr 2026 07:48:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789326 Reassessment proceedings initiated after the surviving limitation period were invalid, because a notice under section 148/148A(b) must be issued within the time still available under the law. Applying the principles in Ashish Agarwal, Rajeev Bansal and Ram Balram Buildhome, the ITAT Delhi held that reassessment steps taken beyond the surviving time limit could not be sustained. As the notice and consequential reassessment order were issued after limitation had expired, the assessment lost validity and the reassessment was quashed in favour of the assessee. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789326