https://www.taxtmi.com/caselaws?id=254536 The Tribunal found that the assessment order exceeded the time limit prescribed by section 153 of the Income-tax Act, as it was passed after the deadline. Emphasizing the importance of adhering to statutory timelines, the Tribunal ruled the assessment order invalid under section 144C(13) and allowed the assessee's appeal, quashing the order passed by the Assessing Officer. The case underscores the necessity of strict compliance with procedural requirements to ensure the validity of assessment orders in line with statutory provisions. en-us Fri, 12 Dec 2014 00:00:00 +0530 Thu, 25 Dec 2014 10:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254536 The Tribunal found that the assessment order exceeded the time limit prescribed by section 153 of the Income-tax Act, as it was passed after the deadline. Emphasizing the importance of adhering to statutory timelines, the Tribunal ruled the assessment order invalid under section 144C(13) and allowed the assessee's appeal, quashing the order passed by the Assessing Officer. The case underscores the necessity of strict compliance with procedural requirements to ensure the validity of assessment orders in line with statutory provisions. Case-Laws Income Tax Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254536