9911796707
TMI Blog2022 (11) TMI 1301X X X X Extracts X X X X X X X X Extracts X X X X ..... the last date of the authorizations is dated 06.07.2021. To be noted that Section 153B provides for a limitation of one year from the end of the financial year in which the last of the authorization was issued for completion of the assessments under Section 153A. As far as the order of assessment challenged is concerned, a regular assessment, limitation for completion of the same expires on 31. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etitioner: Mr.G.Shivadass Senior Counsel And Mr.Akhil R.Bhansali For Respondents: Mr.A.P.Srinivas Senior Standing Counsel ORDER These writ petitions challenge orders of assessment passed in terms of the provisions of the Income Tax Act, 1961 (in short 'Act'). Orders in WP.Nos.27960, 27958, 27957, 27955, 27952 27948 of 2022 have been passed under Section 153A upon a search a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aires have been issued thereafter. 3. The responses of the petitioner have been filed in March 2022. Show cause notices have been issued in September 2022, however, granting only, in average, one week for reply. Prima facie, the time granted for reply does not appear to be adequate. 4. List on 11.11.2022 at the end of admission list. 5. Status quo of recovery till 11.11.2022. 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 153B provides for a limitation of one year from the end of the financial year in which the last of the authorization was issued for completion of the assessments under Section 153A. 6. As far as the order of assessment challenged in WP.No.27954 of 2022 is concerned, a regular assessment, limitation for completion of the same expires on 31.03.2023. 7. In light of the apparent violation in co ..... X X X X Extracts X X X X X X X X Extracts X X X X
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