https://www.taxtmi.com/caselaws?id=790729 For assessment years covered by the first proviso to Section 149(1), a reassessment notice under the new regime cannot be issued once the six-year limitation period from the end of the relevant assessment year has already expired under the earlier regime. On that reasoning, a notice issued on 31 March 2024 for AY 2016-17 was treated as time-barred because the six-year period had expired on 31 March 2023. The Supreme Court saw no reason to interfere with the Delhi High Court's order and dismissed the special leave petition. en-us Mon, 27 Apr 2026 00:00:00 +0530 Wed, 29 Apr 2026 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790729 For assessment years covered by the first proviso to Section 149(1), a reassessment notice under the new regime cannot be issued once the six-year limitation period from the end of the relevant assessment year has already expired under the earlier regime. On that reasoning, a notice issued on 31 March 2024 for AY 2016-17 was treated as time-barred because the six-year period had expired on 31 March 2023. The Supreme Court saw no reason to interfere with the Delhi High Court's order and dismissed the special leave petition. Case-Laws Income Tax Mon, 27 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790729