order of assessment or reassessment,— (a) in respect of each assessment year falling within six assessment years and for the relevant assessment year or years ... other person referred to in section 153C, the period of limitation for making the assessment or reassessment shall be the period as referred
subjected to a best judgment assessment, the assessment year being 1974-75 and the proceedings for the said assessment have concluded with the order ... total income of the assessee for an assessment year, then, an assessment of such income for another assessment year shall, for the purposes of section
have made the direction for a fresh assessment because the assessment had already become barred by limitation and thereby a valuable right ... under the Income Tax Act, 1961 for assessment or re-assessment is not merely a period of limitation but it imposes a fetter upon
Shri Chopra there is no limitation for framing assessment, re-assessment or re-computation, where the assessment has been framed in view of the finding ... assessment, set aside the assessment directing the Income-tax Officer to make a fresh assessment. The Income-tax Officer in reframing the assessment can take
competent
court , the assessment was barred by limitation, At
relevant time the limitation for fresh assessment u/s
153(2A) was two years from ... assessment and have further held that in case of fresh
assessment and have further held that in case of fresh
assessment period of limitation prescribed
Assessment for
the A. Y1996-97 was to be complete on or before
31/3/2004 and the assessment order for the
Assessment Year ... ITAT, Delhi
Bench held as under :
"Assessment--Limitation--Extension of limitation under
Explanation l(iii) to s. 153- -As per the proviso
whereas the instant assessment had been framed on 14.9.2006.
Thus the assessment order is barred by the limitation in view of the
provisions contained ... discussed hereinabove, for framing assessment expired on 6.9.2006.
Accordingly, the assessment made on 14.9.2006 is clearly barred by
limitation in terms of section
assessment order was passed on November 23, 1981, it was held that the assessment was not barred by limitation.
12. On the basis of these ... assessment year expires on 31-3-1989. As the assessment for this assessment year was completed on 27-3-1990, it is barred by limitation
provides limitation for initiation of proceedings for assessment in case of escaped assessment as well as limitation for completion of proceedings by passing assessment order ... assessment order even in cases where assessment is needed because of remand order in assessment proceedings under Section 29 whereas in cases, the assessment
either modify or enhance the
assessment or cancel the assessment and direct a fresh
assessment. The limitation for an assessment under
Section 153C , as regulated ... 2017
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enhancing or modifying the assessment or canceling the
assessment and directing a fresh assessment. It is true
that by Section 150 a carte
