No Notice u/s 148 to be issued if Four to Six years have passed since Relevant Assessment: Delhi HC quashes Assessment Order

The Delhi High Court quashed an assessment order issued under Section 148 of the Income Tax Act, ruling that no notice can be issued if four to six years have passed since the relevant assessment year. The court found that the assessment order was issued beyond the permissible time frame, making it invalid. This decision reinforces the statutory limits on reopening assessments and provides clarity on the time restrictions that tax authorities must adhere to.