https://www.taxtmi.com/caselaws?id=793933 A reassessment notice issued under section 148 was held invalid where it rested entirely on an earlier appellate direction that had already been expunged and had attained finality. The Tribunal treated that earlier decision on identical facts as binding, and found that once the reopening direction ceased to exist, the foundation for reassessment disappeared. It also relied on section 149 to hold that the notice was time-barred and void ab initio. The reassessment orders passed pursuant to that notice therefore could not survive. The Revenue's appeals were dismissed and the assessee's cross-objection was allowed. en-us Wed, 22 Apr 2026 00:00:00 +0530 Fri, 26 Jun 2026 07:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793933 A reassessment notice issued under section 148 was held invalid where it rested entirely on an earlier appellate direction that had already been expunged and had attained finality. The Tribunal treated that earlier decision on identical facts as binding, and found that once the reopening direction ceased to exist, the foundation for reassessment disappeared. It also relied on section 149 to hold that the notice was time-barred and void ab initio. The reassessment orders passed pursuant to that notice therefore could not survive. The Revenue's appeals were dismissed and the assessee's cross-objection was allowed. Case-Laws Income Tax Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793933