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Income Tax - Highlights / Catch Notes

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Validity of assessment order passed u/s 143(3) - Notice issued ...

Income Tax

January 30, 2024

Validity of assessment order passed u/s 143(3) - Notice issued u/s 143(2) dated 29.03.2010 is avaialable on record. - The Tribunal found that the only notice issued under this section was dated 21.10.2010, which was beyond the statutory time limit, thus rendering the assessment order illegal and bad in law due to being time-barred. - AT

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