https://www.taxtmi.com/highlights?id=96260 ITAT determined that assessment framed under provisions relating to adjudication under a special dispute resolution mechanism is time-barred due to the interplay of limitation provisions, finding the assessment barred by the limitation regime and consequently quashing the final assessment. The decision notes that the revenue must follow the procedure for an identical question pending before higher courts under the statutory mechanism, and it relies on coordinate bench and High Court precedents to uphold consistency. Parties are granted liberty to revive the appeal if the Supreme Court Larger Bench decision on the limitation issue alters this result. en-us Thu, 22 Jan 2026 11:09:27 +0530 Thu, 22 Jan 2026 11:09:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96260 ITAT determined that assessment framed under provisions relating to adjudication under a special dispute resolution mechanism is time-barred due to the interplay of limitation provisions, finding the assessment barred by the limitation regime and consequently quashing the final assessment. The decision notes that the revenue must follow the procedure for an identical question pending before higher courts under the statutory mechanism, and it relies on coordinate bench and High Court precedents to uphold consistency. Parties are granted liberty to revive the appeal if the Supreme Court Larger Bench decision on the limitation issue alters this result. Highlights Income Tax Thu, 22 Jan 2026 11:09:27 +0530 https://www.taxtmi.com/highlights?id=96260