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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

Validity of best judgement assessment u/s 144 - notice issued ...


Notice u/s 143(2) Time-Barred, Invalidating Best Judgment Assessment u/s 144; Assessment Order Cannot Stand.

October 5, 2017

Case Laws     Income Tax     AT

Validity of best judgement assessment u/s 144 - notice issued u/s 143(2) is clearly barred by limitation and hence, consequent assessment order passed by the A.O. u/s 144 cannot sustain.

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