Limitation Starts when Responsible Officer becomes aware of Order: Delhi HC

CIT – International Taxation Vs Qualcomm Incorporated Vs (Delhi High Court) Once a Responsible Officer of Department Becomes Aware of Order, the Period of Limitation Would Commence from that Point in Time: Delhi HC In a recent judgment, the Delhi High Court (HC) tackled an important aspect of taxation law regarding the commencement of the period of limitation for assessment orders. The case of CIT – International Taxation vs. Qualcomm Incorporated brought to light the interpretation of Section 153(2A) of the Income Tax Act, 1961, concerning the time frame within which fresh assessm...