Dismissing the appeal of the revenue the Court held that on the admitted fact situation the notice under S. 143(2) of the Act, was not given within prescribed time, and the Tribunal was justified in law in quashing the draft assessment order in pursuance of the notice under S. 143(2) holding the notice was barred by limitation. (AY. 2010-11)
CIT(IT) v. Cameron Singapore Pte. Ltd. (2019) 418 ITR 272 (Raj.)(HC) Editorial : Order in Cameron Singapore Pte. Ltd v Asst.DIT(IT) (2017) 58 ITR 202 (Trib.)(Jaipur) is affirmed.
S. 143(2) : Assessment–Notice–Limitation-Notice was not issued within prescribed time – Order is barred by limitation. [S. 143(3)]