https://www.taxtmi.com/caselaws?id=765164 The ITAT Rajkot quashed an assessment order passed under section 153C read with section 143(3) for being barred by limitation. The assessing officer passed the order on 21.04.2021, which was 111 days beyond the prescribed deadline of 31.12.2020. The tribunal held that when statute requires completion within specific timeframes, compliance is mandatory. Following the legal maxim "Expressio unius est exclusion alteris," the assessment must be completed within prescribed limits or not at all. The appeal was allowed and assessment order quashed due to delay. en-us Wed, 27 Nov 2024 00:00:00 +0530 Mon, 27 Jan 2025 08:40:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765164 The ITAT Rajkot quashed an assessment order passed under section 153C read with section 143(3) for being barred by limitation. The assessing officer passed the order on 21.04.2021, which was 111 days beyond the prescribed deadline of 31.12.2020. The tribunal held that when statute requires completion within specific timeframes, compliance is mandatory. Following the legal maxim "Expressio unius est exclusion alteris," the assessment must be completed within prescribed limits or not at all. The appeal was allowed and assessment order quashed due to delay. Case-Laws Income Tax Wed, 27 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765164