https://www.taxtmi.com/caselaws?id=419834 The High Court allowed the appeal of the assessee, upholding the order passed by the Commissioner of Income Tax (Appeals) for the assessment year 1994-95. The Court found that the assessment order passed by the Assessing Officer was beyond the limitation period prescribed under section 153(3) of the Income Tax Act. The Court emphasized the significance of complying with statutory timelines and conducting assessments within the legal framework. en-us Fri, 24 Sep 2021 00:00:00 +0530 Tue, 22 Mar 2022 08:59:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419834 The High Court allowed the appeal of the assessee, upholding the order passed by the Commissioner of Income Tax (Appeals) for the assessment year 1994-95. The Court found that the assessment order passed by the Assessing Officer was beyond the limitation period prescribed under section 153(3) of the Income Tax Act. The Court emphasized the significance of complying with statutory timelines and conducting assessments within the legal framework. Case-Laws Income Tax Fri, 24 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419834