Delhi ITAT Quashes Assessment Order Passed Beyond Section 144C(13) Limit

Dabur Pharma Ltd. (now known as Fresenius Kabi Oncology Ltd.) Vs DCIT (ITAT Delhi) In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Delhi has quashed an assessment order against Dabur Pharma Ltd., citing it was passed beyond the statutory time limit stipulated under Section 144C(13) of the Income Tax Act, 1961. The decision, delivered on May 30, 2016, hinges on a strict interpretation of procedural timelines, rendering the merits of the tax dispute unaddressed. The case originated from an appeal filed by Dabur Pharma Ltd. against an assessment order dated July 24, 2013, issued...