https://www.taxtmi.com/caselaws?id=326467 The assessment made by the AO on 14.9.2006 was held to be barred by limitation under section 153(1) of the Income Tax Act, 1961. The CIT(A) and Tribunal both agreed that the assessment exceeded the statutory time limit, with the period of limitation expiring on 6.9.2006. Consequently, the assessment order dated 14.9.2006 was deemed invalid. The cross objections raised by the assessee regarding additions and disallowances were dismissed as the primary assessment was annulled on grounds of limitation. en-us Tue, 23 Feb 2016 00:00:00 +0530 Sat, 16 Apr 2016 10:40:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326467 The assessment made by the AO on 14.9.2006 was held to be barred by limitation under section 153(1) of the Income Tax Act, 1961. The CIT(A) and Tribunal both agreed that the assessment exceeded the statutory time limit, with the period of limitation expiring on 6.9.2006. Consequently, the assessment order dated 14.9.2006 was deemed invalid. The cross objections raised by the assessee regarding additions and disallowances were dismissed as the primary assessment was annulled on grounds of limitation. Case-Laws Income Tax Tue, 23 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326467