https://www.taxtmi.com/caselaws?id=766600 HC dismissed the assessee's writ petition challenging rejection of its rectification application under s.254(2) of the IT Act by ITAT as time-barred. The Court held that, even on the assessee's own showing, the six-month limitation expired on 31 May 2022, which fell outside the period covered by the SC's COVID-19 limitation extension orders. The contention that limitation commenced only from 01 March 2022 was rejected. Relying on its coordinate bench ruling and the Karnataka HC decision in Karuturi Global, HC affirmed that ITAT has no statutory power to condone delay beyond six months under s.254(2). en-us Tue, 25 Feb 2025 00:00:00 +0530 Sat, 06 Dec 2025 13:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766600 HC dismissed the assessee's writ petition challenging rejection of its rectification application under s.254(2) of the IT Act by ITAT as time-barred. The Court held that, even on the assessee's own showing, the six-month limitation expired on 31 May 2022, which fell outside the period covered by the SC's COVID-19 limitation extension orders. The contention that limitation commenced only from 01 March 2022 was rejected. Relying on its coordinate bench ruling and the Karnataka HC decision in Karuturi Global, HC affirmed that ITAT has no statutory power to condone delay beyond six months under s.254(2). Case-Laws Income Tax Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766600