https://www.taxtmi.com/caselaws?id=795193 Reassessment notices for Assessment Year 2015-16 could not be issued under the amended section 149(1) after the six-year limitation period under the pre-Finance Act 2021 regime expired on 31 March 2022. The first proviso preserves this bar where a notice was already time-barred under the earlier law. Exclusions relating to proceedings under section 148A do not extend that limitation. Consequently, a notice issued on 4 April 2022 was barred by limitation, rendering the reassessment proceedings and consequential assessment invalid. 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 Reassessment notices for Assessment Year 2015-16 could not be issued under the amended section 149(1) after the six-year limitation period under the pre-Finance Act 2021 regime expired on 31 March 2022. The first proviso preserves this bar where a notice was already time-barred under the earlier law. Exclusions relating to proceedings under section 148A do not extend that limitation. Consequently, a notice issued on 4 April 2022 was barred by limitation, rendering the reassessment proceedings and consequential assessment invalid. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795193