https://www.taxtmi.com/caselaws?id=789409 Reassessment notices issued after the extended limitation framework under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 were treated as time-barred where they did not survive the applicable statutory timeline. Where the notice was issued beyond three years from the end of the relevant assessment year, prior approval had to be obtained from the higher specified authority under section 151(ii) of the Income-tax Act, 1961; approval by the Principal Commissioner was treated as insufficient. On that basis, the reassessment notice and the proceedings founded on it were quashed, and the remaining grounds were rendered academic. en-us Mon, 30 Mar 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789409 Reassessment notices issued after the extended limitation framework under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 were treated as time-barred where they did not survive the applicable statutory timeline. Where the notice was issued beyond three years from the end of the relevant assessment year, prior approval had to be obtained from the higher specified authority under section 151(ii) of the Income-tax Act, 1961; approval by the Principal Commissioner was treated as insufficient. On that basis, the reassessment notice and the proceedings founded on it were quashed, and the remaining grounds were rendered academic. Case-Laws Income Tax Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789409