https://www.taxtmi.com/caselaws?id=442270 The Tribunal held that the rectification order u/s 154 was time-barred as it should have been issued within four years from the original assessment order, not from the order giving effect to the Ld. CIT(A)'s decision. Relying on the decision in CIT v. Sakseria Cotton Mills Ltd., the Tribunal deemed the rectification order invalid as it exceeded the limitation period. Consequently, the rectification order dated 29.06.2017 was quashed, and the assessee's appeal was allowed. en-us Fri, 31 Mar 2023 00:00:00 +0530 Sat, 26 Aug 2023 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442270 The Tribunal held that the rectification order u/s 154 was time-barred as it should have been issued within four years from the original assessment order, not from the order giving effect to the Ld. CIT(A)'s decision. Relying on the decision in CIT v. Sakseria Cotton Mills Ltd., the Tribunal deemed the rectification order invalid as it exceeded the limitation period. Consequently, the rectification order dated 29.06.2017 was quashed, and the assessee's appeal was allowed. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442270