M/S Haldia Petrochemicals Ltd., Kolkata vs. CIT-IV, Kolkata
In the result, the appeal of the assessee is allowed
ITA 1743/KOL/2013[2008-09]Status: DisposedITAT Kolkata10 Jun 2016AY 2008-09
Bench: : Shri M.Balaganesh & Shri S.S. Viswanethra Ravi
For Appellant: Shri H.Chakraborty, Ld.ARFor Respondent: Shri Niraj Kumar, CIT, Ld. Sr.DR
Section 115JSection 143(2)Section 143(3)Section 263Section 80I
…e orders were barred by limitation as they had been made only long after the prescribed period of five years. The matter wasdealt with in detail by this Court. Relying on the decisions in Raja Harish Chandra Raj Singh v. Deputy Land Acquisition Officer [1962] 1 SCR 676, Bachhittar Singh v. State of Punjab AIR 1963 SC 395, State of Punjab v. Khemi Ram AIR 1970 SC 214, B.J. Shelat v. State of Gujarat AIR 1978 SC 1109 and the earlier decision of this Court in T. R. C. No. 6 of 1981, to which the Acting Chief Justice was a party, it was stated: Any authority on which power is conferred, the exercise of which power wo…