This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Delhi HC Upholds Reassessment Notice as Time Granted for Reply is Excluddible from Limitation
Case Law Details
- Case Name
- BKR Capital Pvt. Ltd. Vs ITO (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
BKR Capital Pvt. Ltd. Vs ITO (Delhi High Court)
The Delhi High Court considered writ petitions challenging notices issued under Section 148 of the Income Tax Act, 1961 for Assessment Year 2017-18 on the ground that they were issued beyond the prescribed limitation period. The petitioner contended that the reassessment notice dated 15.04.2024 was without jurisdiction because the limitation period under the then prevailing provisions of Section 149 had expired on 31.03.2024. The petitioner argued that once the six-year limitation period ended, the Assessing Officer no longer had authority to iss...
