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2022 (3) TMI 537 - RAJASTHAN HIGH COURTAssessment u/s. 153C - time-limit for passing assessment - period of limitation - Scope of amendment made in section 153B of the Income-tax Act, 1961 by Finance Act, 2016, w.e.f. 01.06.2016 - HELD THAT:- The case of the assessee thus was covered under clause (ii) of further proviso to Section 153B(1)(b). The Commissioner, therefore, correctly examined the factual position in the background of such legal proviso and noted that the documents relating to the assessee were sent to the assessing officer and were received by him on 30.09.2014. As per the second proviso, the time-limit for passing assessment would be nine months from the end of financial year of 2014-15 i.e. 31.12.2015 or twenty-one months from the end of financial year in which last of the authorisation and search were made, whichever is later. In this case, these two relevant dates were 31.12.2015 and 31.12.2014 respectively. The assessing officer had to pass the order of assessment latest by 31.02.2015. He completed the assessment on 31.03.2016, which was clearly time-barred. No question of law arises.
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