https://www.taxtmi.com/caselaws?id=250171 The High Court upheld the findings of the appellate authorities that the assessment order in a case involving an assessee engaged in government contracts for the Assessment Year 2006-07 was passed beyond the prescribed time limit under Section 153 of the Income Tax Act. The Court determined that the assessment order was made after the limitation period as evidenced by the notice of demand receipt date of 12.1.2009, concluding that no error existed in the decisions of the lower authorities. Consequently, the department's appeals were dismissed for lack of substantial legal questions. en-us Wed, 30 Jul 2014 00:00:00 +0530 Tue, 05 Aug 2014 01:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250171 The High Court upheld the findings of the appellate authorities that the assessment order in a case involving an assessee engaged in government contracts for the Assessment Year 2006-07 was passed beyond the prescribed time limit under Section 153 of the Income Tax Act. The Court determined that the assessment order was made after the limitation period as evidenced by the notice of demand receipt date of 12.1.2009, concluding that no error existed in the decisions of the lower authorities. Consequently, the department's appeals were dismissed for lack of substantial legal questions. Case-Laws Income Tax Wed, 30 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250171