Re-assessment U/s 147 Quashed as Time-Barred — Stay Period Ends on Date of Vacation, Not Communication

Aark India Educational Charitable Trust Vs ITO (ITAT Chennai)

Chennai ITAT  quashed the re-assessment u/s 147 for AY 2012-13 in the case of a charitable trust registered u/s 12AA, holding the order barred by limitation u/s 153(2).

The AO had reopened the case based on a survey u/

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