https://www.taxtmi.com/caselaws?id=469119 Reassessment notice under Section 148 and the consequential proceedings under Sections 148A(b) and 148A(d) were held time-barred, as they were issued beyond the prescribed limitation period. The court treated the dispute as covered by binding precedent on delayed reassessment action and found such proceedings unsustainable when initiated after expiry of the permissible time limit. The impugned notice and all proceedings pursuant to it were therefore set aside in favour of the assessee. en-us Tue, 18 Mar 2025 00:00:00 +0530 Tue, 02 Jun 2026 21:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469119 Reassessment notice under Section 148 and the consequential proceedings under Sections 148A(b) and 148A(d) were held time-barred, as they were issued beyond the prescribed limitation period. The court treated the dispute as covered by binding precedent on delayed reassessment action and found such proceedings unsustainable when initiated after expiry of the permissible time limit. The impugned notice and all proceedings pursuant to it were therefore set aside in favour of the assessee. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469119