Assessee filed return on 29 \/9\/2014. AO issued reopening notice on 29 \/6\/ 2021. Post Ashish Agarwal, AO issued 148A(b) notice 25 \/05\/ 2022. AO passed order u\/s 148A(d) on 26 \/07\/2022 and issued fresh notice u\/s 148 on 27 \/07\/ 2022. Assessee challenged reopening on the ground of limitation. The High Court held that the notice dated 27 \/07 2022 was time-barred. Since the period of two days would expire on 10-6-2022 or 27-6-2022, respectively, notice under section 148 issued on 27-7-2022 was time-barred, inasmuch as it was issued much after the surviving period.\u00a0 (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Assessing Officer issued notice under unamended section 148 on 29-6-2021 for Assessment Year 2014-15 and thereafter show cause notice was issued on 25-5-2022, since computation of limitation under section 149, after giving effect to first proviso and considering exclusion period, yielded a mere two-day surviving period expiring on 27-6-2022, notice under section 148 issued on 27-7-2022 was time barred, inasmuch as it was issued much after surviving period. [S. 148, 148A(b), 148A(d), 149, Art. 226, Taxation and Other Laws (Relaxation and Amendments of Certain Provisions) Act, 2020, S.3] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-65080","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gVG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=65080"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65080\/revisions"}],"predecessor-version":[{"id":65081,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65080\/revisions\/65081"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=65080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=65080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=65080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}