Tribunal Remand Becomes Infructuous Due to Expiry of Time Limit for Reassessment

MKR Palanisamy & Sons Vs ACIT (Madras High Court)

These Tax Case (Appeals) were filed before the Madras High Court for assessment years 2001-02 to 2007-08, challenging the order of the Income Tax Appellate Tribunal dated 07.05.2012 passed under the Income Tax Act, 1961. The Tribunal had remitted the matters back to the Assessing Authority for determination of jurisdiction and for framing fresh assessments under Section 143(3) read with Section 153.

On 28.02.2013, the High Court admitted three substantial questions of law. These questions concerne

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