Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (9) TMI 1933 - ITAT VISAKHAPATNAMReopening of assessment u/s 147 - notice barred by limitation - time limit for issue of notice - scope of amendment - HELD THAT:- In the instant case, the assessment involved is 2008-09 and the time limit for issue of notice u/s 148 i.e. 2 years has expired in 2010-11 before the amendment came into force. Since the time limit has already expired for issue of notice u/s 148, we hold that the notice issued u/s 148 is barred by limitation. Accordingly, the notice issued u/s 148 is quashed and the consequent assessment is annulled.
|