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Income Tax - Highlights / Catch Notes

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Annulling reassessment order - period of limitation - scope of ...


Reassessment Order Annulled for Exceeding Limitation Period per Income Tax Act, Section 153(1) Explanation (1)(ii.

May 9, 2017

Case Laws     Income Tax     AT

Annulling reassessment order - period of limitation - scope of Explanation (1)(ii) appended to section 153(1) - as soon as the order was vacated, the limitation will restart and will exhaust itself on the period of limitation provided under the Act – assessment Barred by limitation - AT

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