https://www.taxtmi.com/caselaws?id=794517 A reassessment notice under section 148 was invalid where it was issued after the limitation period under the unamended section 149(1)(b) for a year falling on or before 1 April 2021. The amended first proviso to section 149(1) bars reopening for such years if the notice could not have been issued under the earlier limitation regime, and the exclusion period and seven-day extension in the fifth and sixth provisos do not revive a notice already hit by that restriction. As the notice was time-barred, the consequential reassessment order could not stand and was quashed. en-us Fri, 12 Jun 2026 00:00:00 +0530 Tue, 07 Jul 2026 08:39:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794517 A reassessment notice under section 148 was invalid where it was issued after the limitation period under the unamended section 149(1)(b) for a year falling on or before 1 April 2021. The amended first proviso to section 149(1) bars reopening for such years if the notice could not have been issued under the earlier limitation regime, and the exclusion period and seven-day extension in the fifth and sixth provisos do not revive a notice already hit by that restriction. As the notice was time-barred, the consequential reassessment order could not stand and was quashed. Case-Laws Income Tax Fri, 12 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794517