The Court noted that the notice dated 27.07.2022 was issued beyond the permissible limitation period
The Delhi High Court, granting relief to MakeMyTrip, quashed a reassessment notice issued for Assessment Year(AY) 2015–16, holding it time-barred as the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act (TOLA) did not apply to that year. Make My Trip India Private Limited, petitioner-assessee, challenged a notice dated 27.07.2022 issued under Section…
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