https://www.taxtmi.com/caselaws?id=758668 The HC allowed the petition, issuing a Writ of Certiorari to quash the final assessment order, notice of demand, and show cause notice for penalty, as they were deemed barred by limitation under Section 144C of the Income Tax Act, 1961. The Court found the assessment order was passed beyond the statutory time limit, accepting the petitioner's submission regarding the receipt date of the draft assessment order. The Respondent's affidavit failed to provide evidence to counter the petitioner's claims, leading to an adverse inference. The order was directed to be sent to the Principal Chief Commissioner of Income Tax, concluding the matter. en-us Tue, 16 Apr 2024 00:00:00 +0530 Tue, 17 Sep 2024 08:37:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758668 The HC allowed the petition, issuing a Writ of Certiorari to quash the final assessment order, notice of demand, and show cause notice for penalty, as they were deemed barred by limitation under Section 144C of the Income Tax Act, 1961. The Court found the assessment order was passed beyond the statutory time limit, accepting the petitioner's submission regarding the receipt date of the draft assessment order. The Respondent's affidavit failed to provide evidence to counter the petitioner's claims, leading to an adverse inference. The order was directed to be sent to the Principal Chief Commissioner of Income Tax, concluding the matter. Case-Laws Income Tax Tue, 16 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758668