https://www.taxtmi.com/caselaws?id=792959 The amended reassessment regime under Section 149 operates prospectively, and for assessment years beginning on or before 01.04.2021 the first proviso preserves the earlier six-year bar where a notice could not have been issued within that period. The Tribunal held that the time taken between the show-cause notice under Section 148A(b) and the order under Section 148A(d) did not extend the substantive limitation for issuing a notice under Section 148. As the notice for assessment year 2015-16 was issued after expiry of six years from the end of the relevant year, it was barred by limitation and invalid, and the reassessment was quashed. en-us Fri, 15 May 2026 00:00:00 +0530 Sat, 06 Jun 2026 08:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792959 The amended reassessment regime under Section 149 operates prospectively, and for assessment years beginning on or before 01.04.2021 the first proviso preserves the earlier six-year bar where a notice could not have been issued within that period. The Tribunal held that the time taken between the show-cause notice under Section 148A(b) and the order under Section 148A(d) did not extend the substantive limitation for issuing a notice under Section 148. As the notice for assessment year 2015-16 was issued after expiry of six years from the end of the relevant year, it was barred by limitation and invalid, and the reassessment was quashed. Case-Laws Income Tax Fri, 15 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792959