Dismissing the appeal of the assessee the Court held that on a remand under S. 263, such assessment would have to be completed only within a reasonable period of time. Accordingly the order passed by the AO was justified. ( AY. 2000-01 to 2006 -07)
K. V. Abdul Azeez v. CIT (2018)404 ITR 288/ 253 Taxman 210/ 168 DTR 74 / 304 CTR 801(Ker)(HC)
S. 153B : Assessment – Search – Time limit – On a remand under S. 263, such assessment would have to be completed only within a reasonable period of time. [ S.153A, 263 ]