https://www.taxtmi.com/caselaws?id=392211 The High Court upheld the Settlement Commission's decision to dismiss the rectification application under Section 245D(6B) of the Income Tax Act, 1961 as time-barred, emphasizing that the limitation period starts from the date of passing the order, not its receipt. The Court rejected the petitioner's argument to count the limitation from the date of service, citing the specific provision in the Act and lack of evidence regarding the date of service. The judgment highlighted the importance of adhering to statutory provisions, including limitation periods, in seeking rectification of orders under the Income Tax Act. en-us Mon, 06 Jan 2020 00:00:00 +0530 Sat, 15 Feb 2020 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392211 The High Court upheld the Settlement Commission's decision to dismiss the rectification application under Section 245D(6B) of the Income Tax Act, 1961 as time-barred, emphasizing that the limitation period starts from the date of passing the order, not its receipt. The Court rejected the petitioner's argument to count the limitation from the date of service, citing the specific provision in the Act and lack of evidence regarding the date of service. The judgment highlighted the importance of adhering to statutory provisions, including limitation periods, in seeking rectification of orders under the Income Tax Act. Case-Laws Income Tax Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392211