https://www.taxtmi.com/caselaws?id=444692 The Tribunal allowed the assessee's appeals for the assessment years 2015-16 and 2016-17, admitting additional legal grounds without requiring fact investigation. It affirmed its jurisdiction to consider these grounds based on the SC's precedent. The Tribunal found the assessment orders were passed beyond the statutory limitation period under Section 153(1) of the Income Tax Act, rendering them time-barred. Consequently, the Tribunal allowed the appeals, rendering other issues moot, and pronounced the decision in open court on 25/09/2023. en-us Mon, 25 Sep 2023 00:00:00 +0530 Thu, 19 Oct 2023 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444692 The Tribunal allowed the assessee's appeals for the assessment years 2015-16 and 2016-17, admitting additional legal grounds without requiring fact investigation. It affirmed its jurisdiction to consider these grounds based on the SC's precedent. The Tribunal found the assessment orders were passed beyond the statutory limitation period under Section 153(1) of the Income Tax Act, rendering them time-barred. Consequently, the Tribunal allowed the appeals, rendering other issues moot, and pronounced the decision in open court on 25/09/2023. Case-Laws Income Tax Mon, 25 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444692