2023 (7) TMI 516 - SCH - Income Tax

Reopening of assessment u/s 147 - reopening beyond period of 4 years - as pe HC notice u/s 148 issued beyond the period of limitation after the expiry of the relevant AY need to be set aside - HELD THAT - We are not inclined to interfere with the impugned order and judgment of the High Court. The special leave petition is dismissed.

Summary

The Supreme Court dismissed the special leave petition and declined to interfere with the impugned order and judgment of the High Court. The question of law is kept open, and pending applications are disposed of.