Period of limitation u/s 153 is applicable in remand matters

CIT Vs Roca Bathroom Products Private Limited (Madras High Court) Held that the period of limitation prescribed under Section 153 (2A) or 153 (3) is applicable, when the matters are remanded back irrespective of whether it is to the Assessing Officer or TPO or the DRP, the duty is on the assessing officer to pass orders. Facts- The respondent, M/s. Roca Bathroom Products Private Limited, is a private limited company and a subsidiary of Roca Sanitario S.A., Spain. For A.Y. 2009-2010, they filed their return declaring an income of Rs.21,44,96,661/-. Similarly, for AY 2010-2011, they filed their ...