https://www.taxtmi.com/caselaws?id=371540 The Tribunal held that the assessment order was not time-barred as the proceedings before the Settlement Commission were pending due to legal challenges. The Tribunal concluded that the assessment order passed by the Assessing Officer was within the time allowed by the Act. Additionally, the Tribunal dismissed the assessee's argument that the notice under section 143(2) was not issued within the statutory time, as the application was accepted by the Settlement Commission, indicating pending assessment proceedings. The Revenue's appeal was allowed, and the assessee's cross objection was dismissed. en-us Wed, 29 Aug 2018 00:00:00 +0530 Thu, 06 Dec 2018 07:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371540 The Tribunal held that the assessment order was not time-barred as the proceedings before the Settlement Commission were pending due to legal challenges. The Tribunal concluded that the assessment order passed by the Assessing Officer was within the time allowed by the Act. Additionally, the Tribunal dismissed the assessee's argument that the notice under section 143(2) was not issued within the statutory time, as the application was accepted by the Settlement Commission, indicating pending assessment proceedings. The Revenue's appeal was allowed, and the assessee's cross objection was dismissed. Case-Laws Income Tax Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371540