https://www.taxtmi.com/caselaws?id=469938 A reassessment notice issued under the substituted reassessment regime was held to be time-barred because it was served after the limitation period that remained available even after applying the relaxation under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. The governing principle was that TOLA could extend only the surviving statutory deadline, and a notice issued beyond that extended cutoff was without jurisdiction. The reopening therefore failed, the notice was set aside, and the merits were not examined. en-us Tue, 11 Mar 2025 00:00:00 +0530 Thu, 09 Jul 2026 20:20:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469938 A reassessment notice issued under the substituted reassessment regime was held to be time-barred because it was served after the limitation period that remained available even after applying the relaxation under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. The governing principle was that TOLA could extend only the surviving statutory deadline, and a notice issued beyond that extended cutoff was without jurisdiction. The reopening therefore failed, the notice was set aside, and the merits were not examined. Case-Laws Income Tax Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469938