https://www.taxtmi.com/caselaws?id=415692 The final assessment order dated 12.01.2021 was deemed invalid by the Tribunal as it was passed well beyond the prescribed limitation period under Section 144C of the Income-tax Act, 1961. The assessee's failure to file objections within the specified timeline resulted in the invalidity of the assessment order, despite contentions from the Departmental Representative. The Tribunal emphasized the importance of adhering to statutory timelines in the assessment process and ruled in favor of the assessee, allowing the appeal and declaring the impugned assessment order invalid. en-us Thu, 09 Dec 2021 00:00:00 +0530 Sat, 11 Dec 2021 09:27:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415692 The final assessment order dated 12.01.2021 was deemed invalid by the Tribunal as it was passed well beyond the prescribed limitation period under Section 144C of the Income-tax Act, 1961. The assessee's failure to file objections within the specified timeline resulted in the invalidity of the assessment order, despite contentions from the Departmental Representative. The Tribunal emphasized the importance of adhering to statutory timelines in the assessment process and ruled in favor of the assessee, allowing the appeal and declaring the impugned assessment order invalid. Case-Laws Income Tax Thu, 09 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415692