Reassessment Notices Beyond Surviving Time Quashed by High Court

Vineet Agrwal Vs ACIT (Karnataka High Court) Karnataka High Court Quashes Reassessment Notices Issued Beyond ‘Surviving Time’ Post Ashish Agarwal The Karnataka High Court allowed the writ petitions filed by Vineet Agrawal and Mohinder Pal Singh Swahney, quashing reassessment proceedings for AY 2014–15 on the ground of limitation. The Court held that the impugned orders under Section 148A(d) and consequent notices under Section 148, issued in July 2022, were time-barred, having been issued beyond the legally permissible “surviving time”. The Court traced the statutory timeline followi...