https://www.taxtmi.com/caselaws?id=796258 For Assessment Year 2015-16, reassessment notices issued on or after 1 April 2021 were described as barred by limitation under the applicable regime. The notes state that the Revenue's recorded concession required such notices to be dropped because proceedings could not be completed within the period prescribed by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. Accordingly, the original and consequential notices were treated as time-barred and without jurisdiction, rendering the reassessment proceedings unsustainable. en-us Thu, 16 Jul 2026 00:00:00 +0530 Mon, 03 Aug 2026 08:20:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796258 For Assessment Year 2015-16, reassessment notices issued on or after 1 April 2021 were described as barred by limitation under the applicable regime. The notes state that the Revenue's recorded concession required such notices to be dropped because proceedings could not be completed within the period prescribed by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. Accordingly, the original and consequential notices were treated as time-barred and without jurisdiction, rendering the reassessment proceedings unsustainable. Case-Laws Income Tax Thu, 16 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796258