https://www.taxtmi.com/caselaws?id=792755 For assessment year 2015-16, a notice issued under section 148 on 31.07.2022 was treated as barred by limitation under the limitation regime read with the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, as applied in the line of decisions following the Revenue's concession in Rajeev Bansal. The Tribunal held that notices for that year issued on or after 01.04.2021 would not survive, so the reassessment notice was time-barred. The reassessment proceedings and the assessment order were therefore quashed in favour of the assessee. en-us Mon, 18 May 2026 00:00:00 +0530 Wed, 03 Jun 2026 08:50:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792755 For assessment year 2015-16, a notice issued under section 148 on 31.07.2022 was treated as barred by limitation under the limitation regime read with the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, as applied in the line of decisions following the Revenue's concession in Rajeev Bansal. The Tribunal held that notices for that year issued on or after 01.04.2021 would not survive, so the reassessment notice was time-barred. The reassessment proceedings and the assessment order were therefore quashed in favour of the assessee. Case-Laws Income Tax Mon, 18 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792755