https://www.taxtmi.com/caselaws?id=194570 The ITAT upheld the CIT(A)'s decision that the assessment orders were time-barred under section 153(2) of the Income-tax Act. The ITAT agreed with the CIT(A) on the computation of the limitation period, the applicability of the amended provisions of section 153(2), and the exclusion of the stay period. The ITAT confirmed that the relevant date for computing the limitation period was the date of the court's order. Consequently, the appeals of the revenue were dismissed. en-us Fri, 30 May 2008 00:00:00 +0530 Thu, 14 Sep 2017 11:14:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194570 The ITAT upheld the CIT(A)'s decision that the assessment orders were time-barred under section 153(2) of the Income-tax Act. The ITAT agreed with the CIT(A) on the computation of the limitation period, the applicability of the amended provisions of section 153(2), and the exclusion of the stay period. The ITAT confirmed that the relevant date for computing the limitation period was the date of the court's order. Consequently, the appeals of the revenue were dismissed. Case-Laws Income Tax Fri, 30 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194570