News

The ITAT allowed Geecee Ventures Limited’s appeal, holding the Section 148 notice invalid due to the absence of approval from the specified authority under Section 151 and declaring the consequential reassessment order void ab initio.

ITAT Quashes Reassessment Order Against Geecee Ventures Over Lack of Section 151 Approval From Specified Authority

Judgement

ITAT Ahmedabad invalidated the entire reassessment proceedings as section 148 notice was issued after the statutory time limit as prescribed by the law. 

ITAT Invalidates Entire Reassessment Proceedings After Issuance of Section 148 Notice After Statutory Time Limit Prescribed Under Law

The ITAT Mumbai held that Section 148A(d) timeline cannot extend Section 149 limitation. 

ITAT Quashes Reassessment as Section 148 Notice Issued Beyond Limitation Period

The ITAT Mumbai held that Reassessment cannot bypass Section 153C when its foundation is material seized during search of another person.

ITAT Quashes Section 148 Reassessment Based on Third-Party Search Material

The ITAT Ahmedabad holds Section 148 notice issued after expiry of limitation invalid and annuls reassessment.

The ITAT Mumbai holds Section 149 first proviso bars reopening of AY 2015-16 beyond six years.


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ITAT Quashes Reassessment Order Against Geecee Ventures Over Lack of Section 151 Approval From Specified Authority

ITAT Invalidates Entire Reassessment Proceedings After Issuance of Section 148 Notice After Statutory Time Limit Prescribed Under Law

ITAT Quashes Reassessment as Section 148 Notice Issued Beyond Limitation Period

ITAT Quashes Section 148 Reassessment Based on Third-Party Search Material

ITAT Quashes Reassessment as Section 148 Notice Issued Beyond Limitation Period

ITAT Quashes Reassessment as Section 148 Notice Issued Beyond Six-Year Limitation