This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
148 Notice for AY 2015-16 Time-Barred After Rajeev Bansal – Reassessment Quashed
Case Law Details
- Case Name
- Eash Kumar Sarna Vs ITO (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2015-16
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Eash Kumar Sarna Vs ITO (ITAT Delhi)
148 Notice for AY 2015-16 Time-Barred After Rajeev Bansal – Reassessment Quashed as Beyond Limitation
The Delhi ITAT allowed both appeals and quashed the reassessment proceedings for AY 2015-16 in the cases of two assessees on the ground that the notice issued under Section 148 on 22.07.2022 was barred by limitation. The Tribunal held that in view of the Supreme Court judgment in UOI v. Rajeev Bansal (469 ITR 46), the last permissible date for issuing notice under the old regime for AY 2015-16 was 31.03.2022, and that TOLA was not applicable to AY 2015-16...
Author Info
