Section 148 Reassessment Beyond Section 149 Time Limit is Unsustainable: Madras HC

Sohanraj Praveen Kumar Vs ACIT (Madras High Court)

Section 148 Reassessment Beyond Section 149 Time Limit is Unsustainable: Madras HC

Madras High Court held that reopening of assessment beyond the period of limitation prescribed under section 149(1)(a) and (b) of the Income Tax Act is without jurisdiction. Accordingly, writ petition is allowed and proceedings set aside.

Facts- This Writ Petition has been filed by the Petitioner challenging the Notice dated 26.03.2021 issued by the 2^nd Respondent, for the Assessment Year 2013-2014 and conse

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