Reopening of assessment u/s 147 - issuance of notice u/s 148A ...

Income Tax Act: Invalid Notice Due to Statute of Limitations Bars Further Proceedings, Jurisdiction Cannot Be Exercised.

January 9, 2024

Case Laws Income Tax HC

Reopening of assessment u/s 147 - issuance of notice u/s 148A extending period of limitation - Once the notice under Section 148A of the Act of 1961 is found to be barred by limitation, no further proceedings could be initiated under any of the provisions of the Act of 1961 and the purported exercise of jurisdiction pursuant to notice under Section 148A of the Act of 1961 could not be initiated or proceeded with. - HC

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Reopening of assessment u/s 147 - issuance of notice u/s 148A ...

Income Tax Act: Invalid Notice Due to Statute of Limitations Bars Further Proceedings, Jurisdiction Cannot Be Exercised.

January 9, 2024

Case Laws Income Tax HC

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