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2023 (6) TMI 1210 - AT - Income TaxReopening of assessment - Period of limitation - time limit for passing the assessment order - HELD THAT:- We find that case of assessee for assessment year 2012-13 was reopened under section 147 of the Act. The notice u/s 148 was served upon the assessee on 29.03.2019 as recorded in para-2 of the assessment order. In response to notice u/s 148 of the Act, the assessee filed its return of income on 27.04.2019 and assessment was completed on 21.06.2021. We find that time period for passing the re-assessment was up to 31.12.2019. Thus, the assessment order, is passed beyond the time period prescribed u/s 153(2) - Decided in favour of assessee.
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