Tag Archives: Period of limitation

Period of stay excluded from period of limitation to complete block assessement

By | May 16, 2016

SUPREME COURT OF INDIA VLS Finance Ltd. v. Commissioner of Income-tax A.K.SIKRI AND ROHINTON FALI NARIMAN, JJ. CIVIL APPEAL NO. 2667 OF 2007 APRIL  28, 2016 JUDGMENT A.K. Sikri, J. – In this appeal, challenge is laid to that part of the judgment of High Court of Delhi dated 15th December, 2006 whereby High Court… Read More »

Period of limitation expire, Assessement time can’t be extended :SC

By | March 31, 2016

Period of limitation   Facts of the Case The Assessing Officer sent notices to the respondent- assessee in Form ST-XIV forAssessment Years 2000- 01, 2001-02, 2002-03 and 2003-04., i.e., after the expiry of three years. The assessee took an objection that these notices were sent beyond the period of assessment and, therefore, it was not… Read More »