No Issuance of Income Tax Notice Beyond 10 years from Relevant Assessment Year as per S.149 r/w 153C: Delhi HC [Read Order]
The Respondent Revenue claimed that procedure under Section 148A of the Income Tax Act, 1961 was not required to be followed in case of unearthing of incriminating material.
By Avinash Kurungot - On November 10, 2024 12:48 pm - 2 mins read
The High Court of Delhi recently allowed a Petition filed against the Revenue holding that Income Tax Reassessment Notice may not be issued beyond a period of 10 years from the relevant Assessment Year (A.Y.) according to the provisions of Section 149 read with Section 153C of the Income Tax Act, 1961. The judgment was…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
