https://www.taxtmi.com/caselaws?id=792223 Reassessment proceedings initiated after 01.09.2024 must comply with the amended limitation regime in section 149. A notice under section 148 issued beyond three years from the end of the relevant assessment year is without jurisdiction unless the statutory conditions for the extended period are satisfied, including material showing escapement of income of at least the prescribed threshold. For Assessment Year 2015-16, the notice and consequential order were issued after the three-year limit without such material, so they were held unsustainable and quashed. en-us Thu, 21 May 2026 00:00:00 +0530 Mon, 25 May 2026 08:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792223 Reassessment proceedings initiated after 01.09.2024 must comply with the amended limitation regime in section 149. A notice under section 148 issued beyond three years from the end of the relevant assessment year is without jurisdiction unless the statutory conditions for the extended period are satisfied, including material showing escapement of income of at least the prescribed threshold. For Assessment Year 2015-16, the notice and consequential order were issued after the three-year limit without such material, so they were held unsustainable and quashed. Case-Laws Income Tax Thu, 21 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792223