Reassessment notice issued beyond three years is barred by limitation: Delhi HC

Ankit Khandelwal Vs ITO (Delhi High Court) Delhi High Court held that reassessment notice under section 148 of the Income Tax Act issued beyond three years is barred by limitation as specified u/s. 149(1)(a) and hence not sustainable in law. Facts- The petitioner, essentially, impugns a notice dated 22.07.2022 issued under Section 148 of the Income Tax Act, 1961 inter alia, on the ground that it has been issued beyond the period of limitation as specified under Section 149(1)(a) of the Act. Additionally, it is the petitioner’s case that there is no information that would lead to the conclusi...