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2023 (7) TMI 974 - AT - Income TaxValidity of assessment order passes pursuant to the DRP directions u/s 144C - Period of limitation - HELD THAT:- It is clear from the copy of the order sheet that the A.O. received the documents on 30.12.2021. As per section 144C(13) of the Act, the order should have been passed on or before 31.01.2022, whereas the A.O. has passed final assessment order on 02.02.2022, which is beyond the time limit. Hence, the order passed by the A.O. is barred by limitation as per section 144C(13). Therefore, we find substance on the submission of the learned AR and the final assessment order passed is nonest in the eyes of law. Decided in favour of assessee.
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