Section 148 Reassessment Notice Quashed as Issued Beyond Surviving Limitation

Dharmadev Developers Vs Income Tax Department (Gujarat High Court) The Gujarat High Court considered a writ petition filed under Article 226 of the Constitution of India challenging a reassessment notice issued under Section 148 of the Income Tax Act, 1961, dated 31.07.2022, along with the consequential order dated 30.05.2023 passed under Section 147 read with Section 144B of the Act. The petitioner contended that the impugned notice was invalid and time-barred. The facts revealed that the Assessing Officer had earlier issued a notice under Section 148 in June 2021 for Assessment Year 2013–...