Final assessment order barred by limitation as passed beyond time limit prescribed u/s. 144C(13)

Honda India Power Products Ltd. Vs ACIT (ITAT Delhi)

ITAT Delhi held that final assessment order passed beyond the period of limitation for passing the order u/s 144C(13) r.w.s. 153 of the Income Tax Act. Accordingly, the same is barred by limitation and hence liable to be quashed.

Facts- The present appeals are filed by the assessee. Vide the present appeal, the assessee has challenged the validity of the assessment order on the ground of limitation considering the provisions of section 144C(13) r.w.s. 153 of the Income Tax Act, 1961. This challenge to the

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