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2019 (11) TMI 854 - AT - Income TaxValidity of reassessment order passed u/s 147 - period of limitation after the vacation of stay by the HC - HELD THAT:- Since assessment order passed beyond the limitation period i.e. beyond the time limit of 60 days as per the Explanation 1 (ii) to section 153 read with the Ist proviso to section 153 i.e. the order is passed after the expiry of 60 days from the date of vacation of stay by the High Court. And in parity with the above said ITAT order, we are not inclined to interfere in the order passed by the ld. CIT(A) . In our considered opinion, ld. CIT(A) has passed detailed and reasoned order. Appeal filed by the Revenue is dismissed.
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