https://www.taxtmi.com/highlights?id=63944 Revision u/s 263 - period of limitation - the case was re-assessed u/s. 143(3) r.w.s. 147 - the case of the assessee was again reopened and the assessment u/s. 143(3) r.w.s. 147 of the Act was completed 22.12.2017. No doubt, original assessment order is liable to be considered to reckon the limitation and accordingly passing the order on 21.03.2021 u/s. 263(2) of the Act is clearly barred by limitation which is beyond two years. - AT en-us Wed, 08 Jun 2022 09:41:31 +0530 Wed, 08 Jun 2022 09:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63944 Revision u/s 263 - period of limitation - the case was re-assessed u/s. 143(3) r.w.s. 147 - the case of the assessee was again reopened and the assessment u/s. 143(3) r.w.s. 147 of the Act was completed 22.12.2017. No doubt, original assessment order is liable to be considered to reckon the limitation and accordingly passing the order on 21.03.2021 u/s. 263(2) of the Act is clearly barred by limitation which is beyond two years. - AT Highlights Income Tax Wed, 08 Jun 2022 09:41:31 +0530 https://www.taxtmi.com/highlights?id=63944