# Retired teacher wins tax case over Rs 1.33 crore cash deposit 2026-08-06T11:31:18+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet A retired teacher from Mysore, Marathikyathanahalli, has won his tax appeal before the Income Tax Appellate Tribunal (ITAT) Bangalore. The tribunal quashed the reassessment proceedings for assessment year 2015-16 because the income tax department issued the Section 148 notice 26 days after the limitation period ended on March 31, 2022. The teacher had deposited Rs 1.33 crore in cash across bank accounts and had not filed an ITR for that year. The ITAT held that the reassessment notice was time-barred and invalid, relying on Supreme Court and Karnataka High Court precedents. The tax department had determined his total income at Rs 48.85 lakh, but the tribunal ruled that once the notice was invalid, the entire reassessment process became void. The teacher had been represented by chartered accountants Athul C.J. and Siddesh N Gaddi. ## Coverage - economictimes.indiatimes.com - livemint.com Tags: Cash deposits, Income tax, ITAT, Karnataka, Tax litigation Canonical: https://indianopinion.org/itat-bangalore-quashes-reassessment-notice-over-limitation-period/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/itat-bangalore-quashes-reassessment-notice-over-limitation-period/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.