https://www.taxtmi.com/caselaws?id=770976 HC ruled that tax assessment proceedings under Section 153C of Income Tax Act are time-barred. The AO must pass assessment orders within 12 months from the end of the financial year when documents are received. In this case, documents received on 22.06.2022 meant the deadline was 31.03.2024. Notice issued on 19.12.2023 without completing assessment renders proceedings invalid. The Court quashed the notice and any subsequent assessment orders beyond the statutory limitation period. en-us Mon, 05 May 2025 00:00:00 +0530 Mon, 19 May 2025 08:37:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770976 HC ruled that tax assessment proceedings under Section 153C of Income Tax Act are time-barred. The AO must pass assessment orders within 12 months from the end of the financial year when documents are received. In this case, documents received on 22.06.2022 meant the deadline was 31.03.2024. Notice issued on 19.12.2023 without completing assessment renders proceedings invalid. The Court quashed the notice and any subsequent assessment orders beyond the statutory limitation period. Case-Laws Income Tax Mon, 05 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770976