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2014 (6) TMI 885 - AT - Income TaxValidity of assessment order passed - Bar of limitation - Held that:- time limit for completing the assessment is within 9 months from the end of the relevant assessment year in which the order is passed by the Commissioner of Income-tax under section 263. In the present case, the order was passed by the Commissioner of Income-tax under section 263 on March 8, 2010 and, therefore, the time limit for passing the consequential order expires on December 31, 2010. Under these facts, we are of the considered opinion that the Commissioner of Income-tax (Appeals) has rightly held that this assessment order is passed by the Assessing Officer after the expiry of the limitation and therefore, he has rightly annulled this assessment order. - Decided against Revenue.
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