Final Assessment Order passed beyond limitation Period is Null & Void

Fiberhome India Pvt. Ltd. Vs DCIT (ITAT Delhi)

ITAT held that as final order passed by the Assessing Officer is beyond the period of limitation as provided u/s 144C of the Income Tax Act, 1961 and hence, the same is liable to be declared as null and void.

FULL TEXT OF THE ORDER OF ITAT DELHI

The present appeal and Stay Application have been filed by the assessee against the order dated 26.03.2022 passed by the AO u/s 143(3) r.w.s. 144C(13) of the Income Tax Act, 1961.

2. The assessee is engaged in the business of manufacturing telecommunication equipments and providing maintenance and other allied services of telecommunication equipments in India.

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