Section 148 Notice Issued After Limitation Quashed by Karnataka High Court

Tarish Investment And Trading Company Pvt. Ltd Vs Union of India (Karnataka High Court)

The Karnataka High Court in Tarish Investment and Trading Company Pvt. Ltd. vs Union of India examined the legality of a reassessment notice issued under Section 148 of the Income Tax Act, 1961 for the Assessment Year (AY) 2017–18. The petitioner challenged both the order issued under Section 148A(d) and the consequential notice under Section 148 as being time-barred under the statutory limitation period prescribed in Section 149 of the Act.

The notice in questio

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