https://www.taxtmi.com/caselaws?id=765349 The HC directed the Respondents to adjudicate pending rectification applications within two weeks, as mandated by Section 154(8) of the Income Tax Act, due to their failure to act within the statutory timeframe. The Court also instructed that any adjustments under Section 245 should be deferred until these applications are resolved, to prevent prejudicing the Petitioner's rights. Additionally, the Petitioner was granted the liberty to appeal the order related to the Assessment Year 2021-2022 without limitation constraints, and the Respondents were required to issue a "speaking order" on the Petitioner's response to the intimation under Section 245. en-us Mon, 27 Jan 2025 00:00:00 +0530 Thu, 30 Jan 2025 08:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765349 The HC directed the Respondents to adjudicate pending rectification applications within two weeks, as mandated by Section 154(8) of the Income Tax Act, due to their failure to act within the statutory timeframe. The Court also instructed that any adjustments under Section 245 should be deferred until these applications are resolved, to prevent prejudicing the Petitioner's rights. Additionally, the Petitioner was granted the liberty to appeal the order related to the Assessment Year 2021-2022 without limitation constraints, and the Respondents were required to issue a "speaking order" on the Petitioner's response to the intimation under Section 245. Case-Laws Income Tax Mon, 27 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765349