![New 10-Year Limit u/s 149 of Income Tax Applies Prospectively, 6-Year Rule Governs AYs Before 2021-22: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/17/500x300_2064545-proving-beyond-reasonable-doubt-applies-penal-laws-tax-reassessment-reason-to-believe-delhi-hc-taxscan.webp "New 10-Year Limit u/s 149 of Income Tax Applies Prospectively, 6-Year Rule Governs AYs Before 2021-22: Delhi HC [Read Order]")
New 10-Year Limit u/s 149 of Income Tax Applies Prospectively, 6-Year Rule Governs AYs Before 2021-22: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court observed that the new ten-year time limit for reopening income tax assessments under Section 149 ofthe...
![Madras HC Validates Reassessment Notices Issued Pre-Finance Act, 2021 Citing TOLA Extension [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2049916-reassessment-notices-finance-act-notices-taxscan.webp "Madras HC Validates Reassessment Notices Issued Pre-Finance Act, 2021 Citing TOLA Extension [Read Order]")
![CIT(A) cannot Direct Reopening u/s 150(1) if Time Limit beyond 6 years u/s 150(2) has Expired: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CIT-Time-Limit-CITA-cannot-Direct-Reopening-taxscan.jpg "CIT(A) cannot Direct Reopening u/s 150(1) if Time Limit beyond 6 years u/s 150(2) has Expired: ITAT [Read Order]")
Reopening of assessment notice liable to be Quashed if Barred by Limitation Period u/s 149 of Income Tax Act: Jharkhand HC [Read Order]
-“If the foundation of any proceeding is illegal and unsustainable in law, then all consequential proceedings or order are also bad in law.” In a recent decision, the Jharkhand High Court ruled...
![Reopening of assessment notice liable to be Quashed if Barred by Limitation Period u/s 149 of Income Tax Act: Jharkhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Jharkhand-High-Court-assessment-notice-Income-Tax-Reassessment-notice-Quashing-reassessment-notices-TAXSCAN.jpg "Reopening of assessment notice liable to be Quashed if Barred by Limitation Period u/s 149 of Income Tax Act: Jharkhand HC [Read Order]")
![Tax Judgments of Supreme Court - Annual Digest 2023 [Part-1] - TAXSCAN](https://www.taxscan.in/wp-content/uploads/2024/01/Tax-Judgments-of-Supreme-Court-Annual-Digest-2023-Part-1-TAXSCAN-2.jpg "Tax Judgments of Supreme Court - Annual Digest 2023 [Part-1] - TAXSCAN")
Kerala HC quashes Notice u/s 148 A (b) of Income Tax Act as no Reasonable Opportunity of being Heard Provided [Read Order]
A Single Bench of the Kerala High Court quashed notice issued under Section 148 A (b) of the Income Tax Act, 1961 as no reasonable opportunity of being heard was provided. The petitioner,...
![Kerala HC quashes Notice u/s 148 A (b) of Income Tax Act as no Reasonable Opportunity of being Heard Provided [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Kerala-HC-Notice-Income-Tax-Act-Reasonable-Opportunity-Heard-Provided-taxscan.jpg "Kerala HC quashes Notice u/s 148 A (b) of Income Tax Act as no Reasonable Opportunity of being Heard Provided [Read Order]")
Calcutta HC Grants Stay against Initiation of Reassessment Proceedings Beyond 6 years in Relation to Fraudulent Reversal of Stocks in Stock Exchange [Read Order]
A Single Bench of Justice Krishna Rao of Calcutta High Court granted stay to the reassessment proceedings against the petitioner beyond 6 years with regards to the assessment linked to the fraudulent...
![Calcutta HC Grants Stay against Initiation of Reassessment Proceedings Beyond 6 years in Relation to Fraudulent Reversal of Stocks in Stock Exchange [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Calcutta-High-Court-Reassessment-proceedings-stay-against-Initiation-of-Reassessment-Proceedings-Beyond-6-years-Fraudulent-Reversal-of-Stocks-in-Stock-Exchange-Stock-exchange-Taxscan.jpg "Calcutta HC Grants Stay against Initiation of Reassessment Proceedings Beyond 6 years in Relation to Fraudulent Reversal of Stocks in Stock Exchange [Read Order]")
Re-Assessment Notice Issued After Four Years of Relevant AY: ITAT quashes Order u/s 147 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, on finding that the re-assessment notice was issued after four years of the relevant AY, quashed...
![Re-Assessment Notice Issued After Four Years of Relevant AY: ITAT quashes Order u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Re-Assessment-Notice-Re-Assessment-Re-Assessment-Notice-Issued-After-Four-Years-ITAT-quashes-Order-Relevant-AY-After-Four-Years-of-Relevant-AY-ITAT-taxscan.jpg "Re-Assessment Notice Issued After Four Years of Relevant AY: ITAT quashes Order u/s 147 [Read Order]")
Income Limit u/s 149 IT Act not met: Rajasthan HC stays Time barred Re-assessment Proceedings [Read Order]
The Rajasthan High Court (HC) stayed the time barred reassessment proceedings. The bench of Justice Rajendra Prakash Soni and Justice Sanjay Mehta observed that the income limit did not meet. It...
![Income Limit u/s 149 IT Act not met: Rajasthan HC stays Time barred Re-assessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Income-Limit-IT-Act-Rajasthan-High-Court-Time-barred-Re-assessment-Re-assessment-Proceedings-Taxscan.jpg "Income Limit u/s 149 IT Act not met: Rajasthan HC stays Time barred Re-assessment Proceedings [Read Order]")