Reopening notice even if served after limitation period is valid: HC DELHI

SUMMARY OF THE CASE LAWS

Where the AO issued a notice under section 147 of the Act and also tried to serve it on the assessee within the limitation period of six years but the assessee claimed that same was served only after the expiry of the limitation period and the question arose whether the notice was valid, HELD:

(i) S. 149, which imposes the limitation period, requires the notice to be “issued” but not “served” w

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