Reopening Invalid as Notice Issued Beyond Six-Year Limitation Period: SC

ACIT Vs Mohd Athar Anjum (Supreme Court of India) The case concerns the validity of a reassessment notice issued under Section 148 of the Income Tax Act, 1961 for Assessment Year 2016–17, along with related proceedings under Sections 148A(b) and 148A(d). The petitioner challenged the notice dated 31.03.2024 on the ground that it was issued beyond the permissible limitation period. The petitioner relied on prior judicial precedents, including a decision of the High Court and the judgment of the Supreme Court interpreting the proviso to Section 149(1)(b) of the Act. Read Delhi HC Judgment in t...