https://www.taxtmi.com/caselaws?id=789960 A reassessment notice under section 148A(b) was invalid because only five days were granted for response, contrary to the minimum statutory period of seven days, and the consequent proceedings failed. The section 148 notice for assessment year 2015-16 was also barred by limitation, having been issued after expiry of the applicable outer period. On merits, an addition relating to immovable property could not be sustained where the sale deed showed joint purchase by the assessee and his wife, yet the assessment was made entirely in the assessee's hands without proper allocation of ownership. en-us Wed, 15 Apr 2026 00:00:00 +0530 Fri, 17 Apr 2026 08:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789960 A reassessment notice under section 148A(b) was invalid because only five days were granted for response, contrary to the minimum statutory period of seven days, and the consequent proceedings failed. The section 148 notice for assessment year 2015-16 was also barred by limitation, having been issued after expiry of the applicable outer period. On merits, an addition relating to immovable property could not be sustained where the sale deed showed joint purchase by the assessee and his wife, yet the assessment was made entirely in the assessee's hands without proper allocation of ownership. Case-Laws Income Tax Wed, 15 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789960