https://www.taxtmi.com/caselaws?id=800802 Reassessment notice under Section 148 for assessment year 2015-16, issued on 29 July 2022, fell outside the applicable limitation period. Under the governing Supreme Court position, notices for that assessment year issued on or after 1 April 2021 could not be completed within the period preserved by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. The notice was consequently time-barred, requiring its quashing and the setting aside of consequential reassessment proceedings. en-us Wed, 30 Sep 2026 00:00:00 +0530 Mon, 12 Oct 2026 04:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800802 Reassessment notice under Section 148 for assessment year 2015-16, issued on 29 July 2022, fell outside the applicable limitation period. Under the governing Supreme Court position, notices for that assessment year issued on or after 1 April 2021 could not be completed within the period preserved by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. The notice was consequently time-barred, requiring its quashing and the setting aside of consequential reassessment proceedings. Case-Laws Income Tax Wed, 30 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800802