Tribunal held that reopening notice issued on 29-7-2022 for assessment year 2015-16 is barred by limitation, since last date for issuing such notice under old provision of section 149 was 31-3-2022.On facts, notice issued on 29-7-2022 is barred by limitation. (AY. 2015-16)
Purohit Food Products (P.) Ltd. v. ITO (2024) 208 ITD 407 (Mum) (Trib.)
S. 149 : Reassessment-Time limit for notice-Notice issued on 29-7-2022 for assessment year 2015-16-Last date for issuing notice under old provision was 31-3-2022,-Notice is barred by limitation.[S. 147, 148]
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