https://www.taxtmi.com/caselaws?id=801392 The first proviso to Section 149(1) retains the earlier limitation regime for assessment years beginning on or before 1 April 2021. For Assessment Year 2015-16, a Section 148 notice issued on or after 1 April 2022 is barred by limitation. Service of a Section 148A(b) notice within the earlier limitation period does not preserve or extend time for the later Section 148 notice. A time-barred Section 148 notice invalidates the consequential reassessment proceedings and assessment order. en-us Mon, 05 Oct 2026 00:00:00 +0530 Wed, 21 Oct 2026 08:37:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801392 The first proviso to Section 149(1) retains the earlier limitation regime for assessment years beginning on or before 1 April 2021. For Assessment Year 2015-16, a Section 148 notice issued on or after 1 April 2022 is barred by limitation. Service of a Section 148A(b) notice within the earlier limitation period does not preserve or extend time for the later Section 148 notice. A time-barred Section 148 notice invalidates the consequential reassessment proceedings and assessment order. Case-Laws Income Tax Mon, 05 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801392