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Income Tax - Highlights / Catch Notes

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Validity of Assessment order as time barred - delay dispatching ...


Assessment Order Overturned Due to Being Issued Late; Tribunal Declines to Address Additional Assessee Concerns.

April 24, 2024

Case Laws     Income Tax     AT

Validity of Assessment order as time barred - delay dispatching assessment order - The Tribunal, after considering the submissions and relevant precedents, concluded that the assessment order was indeed time-barred due to being dispatched after the prescribed time limit. As a result, the Tribunal set aside the assessment order. Consequently, the Tribunal did not delve into the other issues raised by the assessee.

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