Gujarat High Court Quashes Reassessment Notices Under Section 148/148A(b) of Income Tax Act Following Supreme Court's Rajeev Bansal Decision — Notices Issued After 31.03.2022 Held Time-Barred Under TOLA. The court held that reassessment notices for Assessment Year 2015-2016 issued under Section 148 (prior to 01.04.2021) and Section 148A(b) (after 01.04.2021) of the Income Tax Act, 1961 are time-barred as per the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, following the Supreme Court's decision in Union of India v. Rajeev Bansal.
20 Mar 2026The petitioner, Chiragdineshbhai Ramavat, filed a writ petition before the Gujarat High Court challenging reassessment notices issued by the Income Ta...
