https://www.taxtmi.com/caselaws?id=448951 ITAT Delhi held that assessments for A.Y. 2006-07 and 2007-08 under Section 153C, based on satisfaction note recorded on 18.11.2013, were beyond the statutory limitation period. Following precedents from Delhi HC in RRJ Securities Ltd and SC in Jasjit Singh, the tribunal ruled these assessments fell outside Section 153C scope and were void ab initio. Appeal decided in favor of assessee. en-us Fri, 29 Dec 2023 00:00:00 +0530 Thu, 01 Feb 2024 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448951 ITAT Delhi held that assessments for A.Y. 2006-07 and 2007-08 under Section 153C, based on satisfaction note recorded on 18.11.2013, were beyond the statutory limitation period. Following precedents from Delhi HC in RRJ Securities Ltd and SC in Jasjit Singh, the tribunal ruled these assessments fell outside Section 153C scope and were void ab initio. Appeal decided in favor of assessee. Case-Laws Income Tax Fri, 29 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448951