20 March 2018
An assessment order by the ITO/AO has been passed against my company for AY 2011-12 in the month of March 2014. Is this order valid as the time limit for assessments under sec-144 is prescribed as 2 years / 21 months in sec-153(1) of IT Act?
21 March 2018
it should be time barred as such unless there are additional facts that may lead to additional time under other sub-sections of section 153
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