Proceedings before the Settlement Commission get abated on 31.03. ...
Assessment Order Issued Late, Barred by Limitation: Proceedings Revived After Settlement Commission Abated on March 31, 2007.
November 15, 2014
Case Laws Income Tax AT
Proceedings before the Settlement Commission get abated on 31.03.2007 and the proceedings before the AO get revived on 01.08.2007 – thus, the AO was required to pass the assessment order by 31.07.2008, which in fact has been passed on 31.03.2009 and therefore, the assessment by the AO for the block period is barred by limitation - AT
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