https://www.taxtmi.com/caselaws?id=795193 The first proviso to section 149(1) bars reassessment notices under the amended regime where the notice had already become time-barred under the pre-Finance Act, 2021 limitation period. For Assessment Year 2015-16, the earlier six-year period expired on 31 March 2022; therefore, a notice issued under section 148 on 4 April 2022 was invalid. The exclusion provisions relating to proceedings under section 148A do not extend this statutory limitation. The article notes that the reassessment proceedings and consequential assessment were quashed. en-us Wed, 17 Jun 2026 00:00:00 +0530 Sat, 18 Jul 2026 08:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795193 The first proviso to section 149(1) bars reassessment notices under the amended regime where the notice had already become time-barred under the pre-Finance Act, 2021 limitation period. For Assessment Year 2015-16, the earlier six-year period expired on 31 March 2022; therefore, a notice issued under section 148 on 4 April 2022 was invalid. The exclusion provisions relating to proceedings under section 148A do not extend this statutory limitation. The article notes that the reassessment proceedings and consequential assessment were quashed. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795193