The Gujarat High Court has allowed a writ petition challenging a reassessment notice issued under Section 148 of the Income Tax Act, 1961, holding it to be invalid and time-barred. The Division Bench, comprising Justice A.S. Supehia and Justice Pranav Trivedi, ruled that the notice issued on June 30, 2022, was beyond the “surviving time”
Income Tax Act | Notice Issued Under New Regime Beyond ‘Surviving Time’ is Invalid: Gujarat HC
