Delhi HC set aside Section 148 Notice Issuance Beyond Limitation Period

Saroj Mehndi Vs ITO (Delhi High Court) In a ruling addressing the complex timeline for issuing reassessment notices under the Income Tax Act, the Delhi High Court has set aside a notice issued to Saroj Mehndi for the Assessment Year (AY) 2014-15, finding it was issued beyond the permissible period of limitation. The judgment navigates the impact of legislative changes and pronouncements by the Supreme Court on the reassessment framework. The petitioner, Saroj Mehndi, challenged a notice dated July 11, 2022, issued under Section 148 of the Income Tax Act, 1961, for AY 2014-15. The primary groun...