https://www.taxtmi.com/caselaws?id=795262 The first proviso to section 149(1) bars reassessment notices for earlier assessment years where the notice was already time-barred under the pre-amendment limitation regime. For AY 2015-16, the former six-year period expired before the notice was issued. The fifth and sixth provisos, which exclude specified periods or extend time when applying amended limitation rules, do not override or enlarge this statutory bar. Consequently, the reassessment notice was invalid, and the assessment based on it lacked jurisdiction and was liable to be quashed. en-us Wed, 17 Jun 2026 00:00:00 +0530 Mon, 20 Jul 2026 09:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795262 The first proviso to section 149(1) bars reassessment notices for earlier assessment years where the notice was already time-barred under the pre-amendment limitation regime. For AY 2015-16, the former six-year period expired before the notice was issued. The fifth and sixth provisos, which exclude specified periods or extend time when applying amended limitation rules, do not override or enlarge this statutory bar. Consequently, the reassessment notice was invalid, and the assessment based on it lacked jurisdiction and was liable to be quashed. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795262