https://www.taxtmi.com/caselaws?id=71206 The Tribunal allowed the assessee's appeals for the assessment years in question, quashing the assessment orders as they were found to be barred by limitation under s. 153(2A) of the IT Act. The Tribunal clarified the distinction between s. 153(2A) and s. 153(3)(ii) in relation to the time limits for passing orders, ultimately ruling in favor of the assessee due to the orders being beyond the prescribed period. The CIT(A) did not delve into the merits of the case, given the assessment orders were set aside on grounds of limitation. en-us Fri, 16 May 2008 00:00:00 +0530 Tue, 24 May 2016 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71206 The Tribunal allowed the assessee's appeals for the assessment years in question, quashing the assessment orders as they were found to be barred by limitation under s. 153(2A) of the IT Act. The Tribunal clarified the distinction between s. 153(2A) and s. 153(3)(ii) in relation to the time limits for passing orders, ultimately ruling in favor of the assessee due to the orders being beyond the prescribed period. The CIT(A) did not delve into the merits of the case, given the assessment orders were set aside on grounds of limitation. Case-Laws Income Tax Fri, 16 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71206