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Income Tax | Reassessment Beyond Three Years Fails Where Escaped Income Is Below ₹50 Lakh: ITAT Amritsar

7 Oct 2026 · 7 Oct 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Amritsar held the AY 2019-20 reassessment time-barred because the section 148 notice was issued after the three-year deadline. The post Reassessment Beyond Three Years Fails Where Escaped Income Is Below ₹50 Lakh: ITAT Amritsar appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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