https://www.taxtmi.com/caselaws?id=791110 A notice under section 148 issued for assessment year 2013-14 was held time-barred after applying the limitation framework in section 149 of the Income-tax Act, 1961, including the relaxation provisions and the Supreme Court ruling in Rajeev Bansal. Because the permissible period for issuing the reassessment notice had already expired when the notice was issued on 31.07.2022, the statutory foundation for reopening failed. The reassessment proceedings initiated on that notice were therefore quashed. en-us Tue, 28 Apr 2026 00:00:00 +0530 Mon, 04 May 2026 18:54:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791110 A notice under section 148 issued for assessment year 2013-14 was held time-barred after applying the limitation framework in section 149 of the Income-tax Act, 1961, including the relaxation provisions and the Supreme Court ruling in Rajeev Bansal. Because the permissible period for issuing the reassessment notice had already expired when the notice was issued on 31.07.2022, the statutory foundation for reopening failed. The reassessment proceedings initiated on that notice were therefore quashed. Case-Laws Income Tax Tue, 28 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791110