Time-barred Section 148 – Finance Act, 2021: Rajasthan HC Stays Final Order

Radha Mohan Maheshwari Vs ACIT (Rajasthan High Court)

Rajasthan High Court heard a petition by Radha Mohan Maheshwari challenging the reopening of his Assessment Year (AY) 2012-13 assessment under Section 148 of the Income Tax Act, 1961. The petitioner contended that the reassessment notice was time-barred under Section 149(1)(b) and therefore lacked jurisdiction. Referring to the Please become a Premium member. If you are already a Premium member, login here to access the full content.