Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2010 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (8) TMI 125 - HC - Income TaxPeriod of limitation - Assessment order - Section 153 - Challenge has been made on the ground that the entire proceedings of assessment were totally without jurisdiction and authority, as the assessment orders were passed beyond the period of two years, as prescribed under Section 153(1)(a) - Held that: - the order of assessment has been passed in violation of the period prescribed in the aforesaid provision of the Income Tax Act, therefore, the same cannot be sustained. - if the assessment is barred by time, no effect can be given to the other decision on merits - The order passed by the Assessing Officer, First Appellate Authority and the Income Tax Appellate Tribunal are liable to be set aside
|