10 year limit applies only prospectively, meaning it does not apply retroactively to assessment years where the old six-year limit has already expired: Delhi HC   In the case of Sheetal International (P.) Ltd. v. CIT [2024] 168 taxmann.com 308 (Delhi), the Court dealt with a critical issue regarding the issuance of a reassessment notice under Section…

The post 10 year limit applies only prospectively, meaning it does not apply retroactively to assessment years where the old six-year limit has already expired: Delhi HC appeared first on The Tax Talk.

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