CBDT FAQ Deep-Dive Series #2: Section 147-148 Reassessment Continuity Under Section 536 Saving Clause After the Income-tax Act 2025 – How Open Notices, TOLA Cases, Section 151 Sanctions, and ITAT Appeals Survive the April 1, 2026 Cutover
Section 536 of the Income-tax Act 2025 preserves Sections 147 to 153 of the 1961 Act for every reassessment notice issued before March 31, 2026. Outer time-limit math, Section 151 sanctions, TOLA 2020 cases, and ITAT appeals from reassessment all continue under the 1961 Act. Practitioner sprint: eight-step file review and five-Q FAQ for open Section 148 files.