Delhi HC Quashes Section 153C Notices Beyond 10-Year Limit

Ramaa Advisors Private Limited Vs ACIT (Delhi High Court)

Summary: The Delhi High Court in Ramaa Advisors Private Limited vs ACIT considered a batch of writ petitions challenging reassessment proceedings initiated under Section 153C of the Income Tax Act, 1961. The central issue was the computation of the ten-year limitation period applicable under the provision, specifically determining from which date the ten-year block of assessment years (AYs) should be reckoned.

Background and Interim Order

The matter first came up befor

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