https://www.taxtmi.com/caselaws?id=769711 The Delhi HC held that assessment notices issued for AY 2010-11 were time-barred under Section 153(3) of the Income Tax Act. The court determined that since the Tribunal's order was passed after April 1, 2019, the limitation period was 12 months (not 9 months) from the Tribunal's order dated October 21, 2020. As this period expired on October 21, 2021, the revenue's authority to frame assessment orders had ceased. Consequently, the HC allowed the writ petition, declared any proposed assessment as time-barred, and quashed the notices dated March 6, 2023 and March 19, 2023. en-us Tue, 11 Mar 2025 00:00:00 +0530 Wed, 09 Jul 2025 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769711 The Delhi HC held that assessment notices issued for AY 2010-11 were time-barred under Section 153(3) of the Income Tax Act. The court determined that since the Tribunal's order was passed after April 1, 2019, the limitation period was 12 months (not 9 months) from the Tribunal's order dated October 21, 2020. As this period expired on October 21, 2021, the revenue's authority to frame assessment orders had ceased. Consequently, the HC allowed the writ petition, declared any proposed assessment as time-barred, and quashed the notices dated March 6, 2023 and March 19, 2023. Case-Laws Income Tax Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769711