https://www.taxtmi.com/caselaws?id=445011 The Tribunal ITAT Delhi set aside the impugned assessment order concerning the addition of unexplained cash credit and jurisdiction under section 153C of the Income Tax Act, 1961. It ruled that the assessment year 2006-07 was beyond the permissible six-year limit, rendering the proceedings initiated under section 153C void. The Tribunal allowed the assessee's additional grounds in its cross objection and dismissed the Revenue's appeal, declaring the assessment order as bad in law. en-us Wed, 18 Oct 2023 00:00:00 +0530 Fri, 27 Oct 2023 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445011 The Tribunal ITAT Delhi set aside the impugned assessment order concerning the addition of unexplained cash credit and jurisdiction under section 153C of the Income Tax Act, 1961. It ruled that the assessment year 2006-07 was beyond the permissible six-year limit, rendering the proceedings initiated under section 153C void. The Tribunal allowed the assessee's additional grounds in its cross objection and dismissed the Revenue's appeal, declaring the assessment order as bad in law. Case-Laws Income Tax Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445011