Final assessment order time barred as passed beyond time prescribed u/s. 144C

Coca Cola India Inc. Vs DDIT (ITAT Delhi)

ITAT Delhi held that final assessment order passed beyond period of limitation prescribed under section 144C(13) read with section 153 of the Income Tax Act is liable to be quashed and hence set aside.

Facts: The present adjudication involves a batch of six appeals pertaining to the same assessee for AYs 2004-05, 2014-15, 2016-17, 2017-18, 2020-­21 and 2021-22. In all these appeals the assessee has challenged the validity of the assessment order on the ground of limitation considering the provisions of section 144C

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