https://www.taxtmi.com/caselaws?id=793298 For Assessment Year 2015-16, a section 148 notice issued in July 2022 was held to be barred by limitation under section 149(1). The Tribunal applied the Supreme Court ruling in Rajeev Bansal and the Delhi High Court view in Makemytrip India Pvt. Ltd. to hold that notices issued on or after 1 April 2021 could not survive for that year. The reassessment proceedings were therefore unsustainable, and the section 148 notice was quashed rather than merely set aside. en-us Wed, 10 Jun 2026 00:00:00 +0530 Fri, 12 Jun 2026 08:45:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793298 For Assessment Year 2015-16, a section 148 notice issued in July 2022 was held to be barred by limitation under section 149(1). The Tribunal applied the Supreme Court ruling in Rajeev Bansal and the Delhi High Court view in Makemytrip India Pvt. Ltd. to hold that notices issued on or after 1 April 2021 could not survive for that year. The reassessment proceedings were therefore unsustainable, and the section 148 notice was quashed rather than merely set aside. Case-Laws Income Tax Wed, 10 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793298