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1 result for “reassessment u/s 147”+ Section 245D(4)clear

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Key Topics

Section 115J3Section 143(3)2

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BARODA vs. M/S. SUN PHARMACEUTICALS INDUSTRIES LIMITED,, VADODARA

In the result, appeal of the Revenue is dismissed

ITA 2260/AHD/2017[2007-08]Status: DisposedITAT Ahmedabad26 Sept 2019AY 2007-08

Bench: Shri Pradip Kumar Kedia & Shri Mahavir Prasad)

For Appellant: Shri O.P. Sharma, CIT/DRFor Respondent: Shri S.N. Soparkar, Sr. Advocate
Section 115JSection 143(1)Section 143(3)Section 148

4)] 10 27/09/2013 Date within which order u/s. 147 has to be passed and served upon the Assessee [ 6 + 9 ] 11 Assessment order passed by the 26/02/2014 Assessing Officer u/s 143(3) r.w.s. 147 8. In view of the above the reassessment order was passed after the time limit prescribed by the statute. Since the order passed is barred