Limitation for passing fresh assessment order - Whichever regime ...

Case Laws Income Tax

December 21, 2023

Limitation for passing fresh assessment order - Whichever regime we take into account, i.e., the time limit fixed as per Section 153(2)(A) of the Act or the time limit fixed by the amended provision i.e., Section 153(3) of the Act, as of today the AO is bereft of jurisdiction and hence, would have no legal locus to pass assessment order(s). Therefore, the prayers made in the writ petition are allowed. - HC

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Limitation for passing fresh assessment order - Whichever regime ...

Case Laws Income Tax

December 21, 2023

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