Notice for reassessment proceedings quashed as barred by limitation.

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....The HC allowed the petition and set aside the impugned reassessment notice and subsequent proceedings. The AO's satisfaction note for invoking reassessment proceedings u/s 153C of the Income Tax Act was held to be barred by limitation, as it was prepared beyond the prescribed 10-year period from the relevant assessment year. The HC concluded that the notice was invalid and quashed the reassessment proceedings initiated against the petitioner.....