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2018 (5) TMI 1259 - AT - Income TaxAssessment u/s 153A - Assessment barred by limitation - Held that:- The search in this case was conducted on 05.01.2005 and as per the provisions of section 153B(b) of the Act , the order of assessment u/s. 153A should have been framed on or before 31.03.2007 whereas, as a matter of fact, the same was framed vide order dated 31.12.2007. Assessment of the Assessing Officer is invalid and void ab-initio as the same was barred by limitation as provided u/s. 153B(b) of the I.T.Act. - Decided in favour of assessee.
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