https://www.taxtmi.com/caselaws?id=790788 Validity of reassessment notices depended on the limitation regime under section 148 read with substituted section 149(1)(a) and 149(1)(b), including whether the escaped income threshold of fifty lakh rupees applied to notices issued between 01.04.2021 and 30.06.2021 after the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. The Supreme Court declined to interfere with the High Court's order, noting a gross delay of 701 days in filing the Special Leave Petition and finding no satisfactory explanation. The Special Leave Petition was dismissed on delay as well as merits. en-us Fri, 17 Apr 2026 00:00:00 +0530 Thu, 30 Apr 2026 07:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790788 Validity of reassessment notices depended on the limitation regime under section 148 read with substituted section 149(1)(a) and 149(1)(b), including whether the escaped income threshold of fifty lakh rupees applied to notices issued between 01.04.2021 and 30.06.2021 after the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. The Supreme Court declined to interfere with the High Court's order, noting a gross delay of 701 days in filing the Special Leave Petition and finding no satisfactory explanation. The Special Leave Petition was dismissed on delay as well as merits. Case-Laws Income Tax Fri, 17 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790788