https://www.taxtmi.com/caselaws?id=334632 The Tribunal set aside the orders passed by the Ld. Commissioner of Income Tax (Appeals) as the orders by the Assessing Officer under Section 201(1) and 201(1A) of the Income Tax Act, 1961, were found to be barred by limitation. The appeals of the assessee were allowed on this ground, emphasizing the importance of exercising statutory powers within a reasonable time for finality and fairness in tax proceedings. en-us Wed, 07 Sep 2016 00:00:00 +0530 Thu, 17 Nov 2016 15:25:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334632 The Tribunal set aside the orders passed by the Ld. Commissioner of Income Tax (Appeals) as the orders by the Assessing Officer under Section 201(1) and 201(1A) of the Income Tax Act, 1961, were found to be barred by limitation. The appeals of the assessee were allowed on this ground, emphasizing the importance of exercising statutory powers within a reasonable time for finality and fairness in tax proceedings. Case-Laws Income Tax Wed, 07 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334632