Section 148 Notice Invalid Because TOLA Extension Did Not Apply

Bhushan Lal Pandita Vs Assessment Unit Income Tax Department (ITAT Delhi)

Reassessment Notice Dated 31.03.2021 for AY 2015-16 Held Time-Barred: ITAT Delhi Quashes Proceedings

The Delhi Bench of the ITAT allowed the assessee’s appeal and quashed the reassessment proceedings initiated under section 148 for AY 2015-16, holding the notice dated 31.03.2021 to be barred by limitation.

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