https://www.taxtmi.com/caselaws?id=777599 ITAT (Chennai) held the assessment u/s 143(3) r.w.s. 254 dated 28.09.2021 barred by limitation because the tribunal's order for fresh assessment was passed on 17.05.2019 and the AO was required to complete assessment within 12 months from end of FY in which that order was passed (limitation expired 31.03.2021). TOLA extension was held inapplicable to rescue the belated order; hearings concluded 22.03.2021 did not validate the 28.09.2021 order. Appeal allowed in favour of the assessee. en-us Wed, 13 Aug 2025 00:00:00 +0530 Tue, 02 Sep 2025 08:01:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777599 ITAT (Chennai) held the assessment u/s 143(3) r.w.s. 254 dated 28.09.2021 barred by limitation because the tribunal's order for fresh assessment was passed on 17.05.2019 and the AO was required to complete assessment within 12 months from end of FY in which that order was passed (limitation expired 31.03.2021). TOLA extension was held inapplicable to rescue the belated order; hearings concluded 22.03.2021 did not validate the 28.09.2021 order. Appeal allowed in favour of the assessee. Case-Laws Income Tax Wed, 13 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777599