Section 148A Income Tax Notices are time barred for A.Y. 2017-18

Anup Agarwal Vs ACIT (Rajasthan High Court) Notices under section 148A of Income Tax are time barred for Assessment year (A.Y.) 2017-18, Rajasthan High Court Stays the operation of the Notice. Section 149 of the Income Tax Act states as under:- Section 149: Time limit for notice 1) No notice under section 148 shall be issued for the relevant assessment year,- (a) if three years have elapsed from the end of the relevant assessment year, unless the case falls under clause (b); (b) if three years, but not more than ten years, have elapsed from the end of the relevant assessment year unless the As...