Held that the notice issued on 29-7-2022 under section 148 for assessment year 2015-16 was barred by limitation and the entire reassessment proceeding and assessment order passed under section 147 read with section 144B was quashed. (AY. 2015-16)
Anisha Raoof Dhanani. v. ACIT (2025) 213 ITD 422 (Ahd) (Trib.)
S. 149: Reassessment-Time limit for notice-For assessment year 2015-16, notice under section 148 issued on 29-7-2022 was beyond the limitation period prescribed under section 149 and was barred by limitation.[S. 68, 148, 148A(b), 148A(d)]
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