Case Law Details
Case Name : Coplama Products Private Limited Vs ITO (Calcutta High Court)
Related Assessment Year : 2015-16
Courts :
All High Courts Calcutta High Court
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Coplama Products Private Limited Vs ITO (Calcutta High Court)
Calcutta High Court has delivered a verdict in the case of Coplama Products Private Limited vs ITO, stating that the issuance of notice and initiation of reassessment beyond six years is prohibited by the limitation period. The petitioner challenged the order issued under Section 148A(d) and Section 148 of the Income Tax Act, 1961 for the assessment year 2015-2016, citing the jurisdiction of the assessing officer as being barred by limitation under Section 149(1)(b) of the Income Tax Act.
HC held that Admittedly, the issuance of not...
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Respected sir
it is interesting as supreme court has accepted tola issue and notice given for assment year 2013 14 is valid after aashish agarwal order and given stay fo4 assment year for 2014 15 and 2016 17 also.