https://www.taxtmi.com/caselaws?id=774838 The Delhi HC ruled that assessment proceedings for AY 2007-08 were barred by limitation as the time for passing the assessment order had elapsed following an ITAT order dated 20.07.2012. The Revenue failed to file a counter affidavit and claimed relevant files were untraceable. The court accepted the petitioner's contention that no final assessment order was passed pursuant to the ITAT order. Following precedent in Nokia India case, the court directed acceptance of the return and refund of amounts paid by the petitioner along with interest as per law. en-us Mon, 07 Jul 2025 00:00:00 +0530 Tue, 15 Jul 2025 08:39:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774838 The Delhi HC ruled that assessment proceedings for AY 2007-08 were barred by limitation as the time for passing the assessment order had elapsed following an ITAT order dated 20.07.2012. The Revenue failed to file a counter affidavit and claimed relevant files were untraceable. The court accepted the petitioner's contention that no final assessment order was passed pursuant to the ITAT order. Following precedent in Nokia India case, the court directed acceptance of the return and refund of amounts paid by the petitioner along with interest as per law. Case-Laws Income Tax Mon, 07 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774838