ITAT Holds Notice Under Section 148 As Time-Barred for Escaped Income Below Rs. 50 Lakh:
The ITAT Mumbai held reassessment for AY 2019-20 cannot be sustained where Section 148 notice is issued beyond Three Years
ITAT Quashes Reassessment
Saima
Aug 26, 2026
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ITAT Holds Notice Under Section 148 As Time-Barred for Escaped Income Below Rs. 50 Lakh
The ITAT Mumbai held reassessment for AY 2019-20 cannot be sustained where Section 148 notice is issued beyond Three Years
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About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
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