https://www.taxtmi.com/caselaws?id=468339 Reopening notices and related orders under the amended income tax reassessment regime were treated as unsustainable because the writ petitions were covered by the earlier Delhi HC ruling in Ganesh Dass Khanna. The Court followed that decision, which held that where alleged escaped income was below the specified threshold, the normal three-year limitation applied and the extended ten-year period was not available; it also declared the "travel back in time" theory in the departmental instruction bad in law. The present writ petitions were allowed accordingly, while other questions of law were left open. en-us Mon, 18 Dec 2023 00:00:00 +0530 Wed, 29 Apr 2026 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468339 Reopening notices and related orders under the amended income tax reassessment regime were treated as unsustainable because the writ petitions were covered by the earlier Delhi HC ruling in Ganesh Dass Khanna. The Court followed that decision, which held that where alleged escaped income was below the specified threshold, the normal three-year limitation applied and the extended ten-year period was not available; it also declared the "travel back in time" theory in the departmental instruction bad in law. The present writ petitions were allowed accordingly, while other questions of law were left open. Case-Laws Income Tax Mon, 18 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468339