https://www.taxtmi.com/caselaws?id=470657 Reassessment notices for Assessment Year 2015-16 had to be issued by 31 March 2022 under the applicable limitation framework. A notice issued on 31 July 2022 was beyond that outer date. Applying the Revenue's concession recorded in the governing Supreme Court ruling, post-1 April 2021 notices for that assessment year were required to be dropped where reassessment could not be completed within the period preserved by the relevant extension regime. The time-barred notice was invalid, and the consequential reassessment order was quashed. en-us Tue, 25 Mar 2025 00:00:00 +0530 Mon, 03 Aug 2026 19:04:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470657 Reassessment notices for Assessment Year 2015-16 had to be issued by 31 March 2022 under the applicable limitation framework. A notice issued on 31 July 2022 was beyond that outer date. Applying the Revenue's concession recorded in the governing Supreme Court ruling, post-1 April 2021 notices for that assessment year were required to be dropped where reassessment could not be completed within the period preserved by the relevant extension regime. The time-barred notice was invalid, and the consequential reassessment order was quashed. Case-Laws Income Tax Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470657