Final Assessment Passed Beyond Limitation is Invalid: ITAT Delhi

Refop India Company Vs DCIT (ITAT Delhi) Final Assessment Beyond Limitation Quashed: Sections 144C and 153 Are Inter-Linked — ITAT Delhi Follows Roca Bathroom Ratio The Delhi ‘H’ Bench of the Income Tax Appellate Tribunal, Delhi Bench allowed the assessee’s appeal for AY 2020-21 and quashed the final assessment order passed under section 143(3) read with section 144C(13) as being barred by limitation. The assessee contended that the outer time limit for completion of assessment under section 153(1) read with section 153(4) expired on 30.09.2023, whereas the final assessment order was p...