https://www.taxtmi.com/caselaws?id=791262 In computing limitation for a reassessment notice under the transitional regime, the period covered by the stayed deemed show-cause notice and the time granted for response had to be excluded, leaving only the surviving balance time to issue notice under section 148. On the facts, the Revenue was required to act within that remaining period after the section 148A(b) process, but the notice issued on 27 July 2022 fell beyond the permissible time. The notice was therefore time-barred, void ab initio and bad in law, and the reassessment proceedings and assessment order were quashed. en-us Tue, 05 May 2026 00:00:00 +0530 Fri, 08 May 2026 07:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791262 In computing limitation for a reassessment notice under the transitional regime, the period covered by the stayed deemed show-cause notice and the time granted for response had to be excluded, leaving only the surviving balance time to issue notice under section 148. On the facts, the Revenue was required to act within that remaining period after the section 148A(b) process, but the notice issued on 27 July 2022 fell beyond the permissible time. The notice was therefore time-barred, void ab initio and bad in law, and the reassessment proceedings and assessment order were quashed. Case-Laws Income Tax Tue, 05 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791262