https://www.taxtmi.com/caselaws?id=459181 The court ruled that the assessment proceedings for the specified Assessment Years were time-barred due to the Assessing Officer's failure to comply with the Income Tax Appellate Tribunal's directions within the statutory timelines of Section 153 of the Income Tax Act. The court ordered the Assessing Officer to issue appeal effect orders within eight weeks. If the orders are not issued within this period, the returned assessments will be accepted, and any due refunds will be released with interest as per Section 244A. The court emphasized that assessment is only complete upon the issuance of an assessment order and demand notice. The writ petitions were disposed of with these directives. en-us Thu, 21 Dec 2023 00:00:00 +0530 Fri, 27 Mar 2026 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459181 The court ruled that the assessment proceedings for the specified Assessment Years were time-barred due to the Assessing Officer's failure to comply with the Income Tax Appellate Tribunal's directions within the statutory timelines of Section 153 of the Income Tax Act. The court ordered the Assessing Officer to issue appeal effect orders within eight weeks. If the orders are not issued within this period, the returned assessments will be accepted, and any due refunds will be released with interest as per Section 244A. The court emphasized that assessment is only complete upon the issuance of an assessment order and demand notice. The writ petitions were disposed of with these directives. Case-Laws Income Tax Thu, 21 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459181