Reassessment Notices Quashed as ITBA Portal Dispatch Happened After Limitation Deadline

State of Andhra Pradesh Vs Himani Limited and Others (Telangana High Court) The Telangana High Court heard a batch of writ petitions challenging notices issued under Section 148 of the Income Tax Act, 1961 for reassessment proceedings. The principal issue before the Court was whether the reassessment notices were barred by limitation because, although dated 31.03.2021, they were actually issued or dispatched on or after 01.04.2021. The petitioners argued that under the unamended provisions of the Income Tax Act, notices under Section 148 had to be issued and served on or before 31.03.2021. The...