https://www.taxtmi.com/caselaws?id=796610 Reassessment limitation under the substituted regime is examined where alleged escaped income exceeded the threshold for the extended period under the erstwhile regime. A notice issued within the surviving six-year period is treated through the statutory legal fiction as leading to proceedings under Section 148A(b). The time allowed for the taxpayer's reply and completion of the statutory process is excluded when computing limitation for the Section 148A(d) order and consequential Section 148 notice. The stated concession for the relevant assessment year does not apply where escaped income exceeds the prescribed threshold. en-us Mon, 13 Jul 2026 00:00:00 +0530 Fri, 07 Aug 2026 09:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796610 Reassessment limitation under the substituted regime is examined where alleged escaped income exceeded the threshold for the extended period under the erstwhile regime. A notice issued within the surviving six-year period is treated through the statutory legal fiction as leading to proceedings under Section 148A(b). The time allowed for the taxpayer's reply and completion of the statutory process is excluded when computing limitation for the Section 148A(d) order and consequential Section 148 notice. The stated concession for the relevant assessment year does not apply where escaped income exceeds the prescribed threshold. Case-Laws Income Tax Mon, 13 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796610